HAIWEI ELEC (09609): Partial Exercise of Over-Allotment Option, Stabilization Action, and End of Stabilization Period

Stock News2025-12-28

The joint overall coordinators (for themselves and on behalf of the international underwriters) partially exercised the over-allotment option described in the prospectus on December 25, 2025. This involves a total of 1.7586 million H shares, representing approximately 4.96% of the total number of shares initially available for subscription under the global offering prior to any exercise of the over-allotment option (and assuming the full exercise of the share placement adjustment right).

The over-allotted shares will be issued and allotted by the company at a price of HK$14.28 per H share, which is the offer price per H share under the global offering.

Furthermore, the stabilization period concerning the global offering ended on December 25, 2025, which is the 30th day after the deadline for submitting applications under the Hong Kong public offering.

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