AXERA (Stock Code: 00600) Announces Partial Exercise of Over-Allotment Option, Stabilizing Actions, and End of Stabilization Period

Bulletin Express03-08

AXERA (Stock Code: 00600) disclosed the partial exercise of the Over-allotment Option on March 7, 2026, involving 1,176,100 H Shares issued at HK$28.20 per H Share, representing approximately 1.12% of the total number of Offer Shares initially available under the Global Offering. As a result, the company’s share capital increased from 587,760,481 to 588,936,581 shares.

The additional net proceeds from the partial exercise are approximately HK$31.28 million, earmarked according to the “Future Plans and Use of Proceeds” outlined in the company’s prospectus.

The stabilization period for the Global Offering ended on March 7, 2026. During this period, a total of 15,737,200 H Shares were over-allocated, while 17,764,700 H Shares were purchased on the market in the price range of HK$22.10 to HK$28.20. Meanwhile, 3,203,600 H Shares were sold in the price range of HK$32.70 to HK$36.90. The partial exercise of the Over-allotment Option facilitated delivery to placees who agreed to delayed receipt of their shares. The final public float remains in compliance with relevant listing requirements.

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