EV DYNAMICS (00476.HK) plans to issue in total 3.83 million shares by subscription, with estimated net proceeds of HKD 1.94 million

EV DYNAMICS (00476.HK) announced on Apr 16, 2026 that the company has entered into a subscription agreement with the subscriber on Apr 16, 2026. According to the agreement, the subscriber conditionally agreed to subscribe for in total 3.83 million shares subscription, which represent approximately 1.21% of the company's existing issued share capital as of the date of this announcement, and approximately 1.19% after the subscription.
The subscription price per share is HKD 0.512, at a premium of approximately 2.4% to the closing price of HKD 0.5 per share on the HKEX on the date of the subscription agreement. The total proceeds from the subscription are estimated to be about HKD 1.96 million. After deducting the subscription commission, professional fees, and all related expenses that the company may incur, the net proceeds from the subscription are estimated to be approximately HKD 1.94 million.

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