Recent data from the Hong Kong Stock Exchange reveals a notable change in share positions for XIMEI RESOURCES (HKEX: 09936) on July 17. The total custody value of the shares involved amounts to HK$534 million, representing 8.23% of the relevant holdings.
A shareholder of the company deposited 33,978,900 shares into Citibank, resulting in an increase in their shareholding proportion by 8.21%.
In a separate corporate announcement, XIMEI RESOURCES confirmed the completion of a placement on June 5, 2026, in accordance with the terms of the placement and subscription agreement. The joint placement agents successfully placed a total of 34.1 million sale shares to no fewer than six placees on a best-efforts basis, at a purchase price of HK$16.10 per share.
To the best of the directors' knowledge, information, and belief following reasonable enquiries, each placee and its ultimate beneficial owner is an independent third party and is not acting in concert with the vendor. As all conditions for the completion of the subscription were satisfied, the company allotted and issued 34.1 million subscription shares to the vendor on June 10, 2026, at HK$16.10 per share under the terms of the placement and subscription agreement.
Comments