Public Financial sets November 23 shareholder vote on Public Bank buyout

• Public Bank's HK$2.5-a-share buyout of Public Financial Holdings will face shareholder votes on November 23, 2026.
• The offer requires HK$734.75 million in cash for the remaining 26.77% stake, valuing the entire company at HK$2.74 billion.
• The price represents a 61.29% premium to the last trading day's close; Public Bank will not increase it.
• Completion is expected December 7, 2026, subject to conditions; delisting is scheduled for December 9.
• Public Bank plans to fund the purchase from internal cash resources, with no material changes to operations or employment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Public Financial Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261030-12388955), on October 29, 2026, and is solely responsible for the information contained therein.