Jakota Capital Extends Long-Stop Date for HK$0.10 Share Placement, Premium Held at 47%

Bulletin Express04-20 22:23

Jakota Capital (Holding) Group on 20 April 2026 signed a second supplemental agreement with Jakota Securities Group to extend the long-stop date for its ongoing share placement. The deadline has been pushed from 20 April 2026 to 4 May 2026, allowing additional time to satisfy the remaining conditions precedent.

Key terms of the transaction remain unchanged. The company continues to target the issuance of up to 347.36 million new shares under the existing general mandate at HK$0.10 per share. The pricing represents:

• a 47.06% premium to the HK$0.068 closing price on 20 April 2026; and • a 49.70% premium to the five-day average closing price of HK$0.0668 preceding the announcement date.

Completion of the placement remains subject to fulfillment of all conditions stipulated in the original placing agreement and its two supplemental agreements. The company reiterated that the transaction may or may not proceed, advising shareholders and potential investors to exercise caution when dealing in its shares.

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