Jutal Offshore Oil Services Limited (stock code: 03303) disclosed a significant expansion of its share capital through a rights issue completed on 20 March 2026.
• Transaction overview – New shares issued: 355.55 million ordinary shares. – Subscription ratio: 1 rights share for every 6 existing shares. – Issue price: HK$0.16 per share.
• Capital structure impact – Pre-issue issued shares (28 February 2026): 2.13 billion. – Post-issue issued shares (20 March 2026): 2.49 billion. – Percentage increase in issued shares: 16.67%. – No treasury shares were outstanding before or after the transaction.
The board confirmed that the rights issue complied with all applicable listing rules and regulatory requirements, and that all proceeds have been duly received. No share repurchases or on-market sales of treasury shares were reported during the period.
Comments