MINIEYE (02431) Completes Placement of 14.01 Million New H Shares, Raises Net Proceeds of HK$204 Million

Stock News12-02

MINIEYE (02431) announced that all conditions under the placement agreement have been fulfilled, and the placement was completed on December 2, 2025.

According to the terms of the agreement, the placing agent successfully allocated a total of 14.01 million new H shares at HK$14.88 per share to no fewer than six placees. The shares represent approximately 3.33% of the enlarged issued share capital (421 million shares, excluding treasury shares) following the placement.

The gross proceeds from the placement amounted to approximately HK$209 million, while the net proceeds (after deducting commissions, expenses, and professional fees) totaled around HK$204 million. The net price per share was approximately HK$14.59.

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