VC HOLDINGS: The rights issue was effectively accepted at approximately 9.86%
VC HOLDINGS announced that its rights issue became unconditional on October 13, 2025, with valid acceptances received of approximately 9.86%. As of October 10, 2025, a total of 29 valid acceptances and applications were received, involving 48.7849 million rights issue shares, with total proceeds of approximately HKD 21.9532 million. There are still 446 million rights issue shares unsubscribed, approximately 90.14%
According to the announcement from VC HOLDINGS (00821), all conditions for the rights issue as stated in the prospectus have been fulfilled, and the rights issue became unconditional on October 13, 2025 (Monday). As of 4:00 PM on October 10, 2025 (Friday), which was the final acceptance time, a total of 15 valid acceptances of provisional allotment notices were received, involving a total of 43.7916 million shares of the rights issue, accounting for approximately 8.85% of the total 495 million shares available for subscription under the rights issue; and a total of 14 valid applications for additional shares under additional application forms were received, involving a total of 4.9933 million shares of the rights issue, accounting for approximately 1.01% of the total shares available for subscription under the rights issue.
The total number of valid acceptances and applications received was 29, involving a total of 48.7849 million shares of the rights issue, accounting for approximately 9.86% of the total shares available for subscription under the rights issue. Based on individual calculations, the total amount raised from the rights issue is approximately HKD 21.9532 million.
According to the above results, there are still 446 million shares of the rights issue that have not been subscribed, accounting for approximately 90.14% of the total shares available for subscription under the rights issue
