Junshengtai Pharmaceutical-B (02511) plans to issue a total of 99 million shares at a discount of about 12.31%

Zhitong Finance App News, Junshengtai Pharmaceutical-B (02511) issued an announcement. On July 31, 2026, the Company entered into a placement agreement with the exclusive placement agent. According to the terms and conditions of the placement agreement, the company agreed to issue placement shares, and the exclusive placement agent agreed to act as the company's agent to induce no less than six independent undertakers to subscribe for up to 99 million shares. The placement price was HK$2.28 per share.

The placement price of HK$2.28 per share was discounted by approximately 12.31% from the closing price of HK$2.60 per share as reported on the Stock Exchange on July 31, 2026 (the date of the placement agreement).

Assuming that all of the placed shares are issued, the total expected proceeds from the placement are approximately HK$225.7 million, while the total net proceeds of the placement (after deducting commissions and expenses related to the placement) are approximately HK$223 million.