OCI INTL (00329.HK): About 300mn Placing Shares Issued, Net Proceeds About HK$32.63mn

NewTimeSpace News: On 21 October 2026, OCI International Holdings Limited (the "Company") announced that, with reference to its announcements dated 5 October 2026 and 14 October 2026 in relation to the placing of new shares under a general mandate, the board was pleased to announce that the conditions set out in the placing agreement have been fulfilled and completion took place on 21 October 2026. The placing agent has, on the terms and subject to the conditions of the placing agreement, successfully placed a total of 299,949,984 placing shares at the placing price of HK$0.11 per placing share to not fewer than six (6) placees.

The announcement disclosed that the 299,949,984 placing shares represent approximately 20.00% of the Company's issued share capital immediately before completion and approximately 16.67% of the Company's issued share capital as enlarged by the allotment and issue of the placing shares immediately after completion. To the best of the directors' knowledge, information and belief after making all reasonable enquiries, each of the placees and, where applicable, their respective ultimate beneficial owners is an independent third party, and no placee has become a substantial shareholder (as defined in the Listing Rules) upon completion. The gross and net proceeds from the placing amounted to approximately HK$32.99 million and HK$32.63 million respectively (after deducting the placing commission and other expenses of the placing), based on which the net placing price was approximately HK$0.109 per placing share.

The Company stated that, immediately after completion, the total number of issued shares increased from 1,499,749,920 shares to 1,799,699,904 shares. JZ Investment Fund L.P. holds 440,000,000 shares, with its percentage diluted from approximately 29.34% to approximately 24.45%; Jinli Group Limited holds 280,400,000 shares, with its percentage falling from approximately 18.70% to approximately 15.58%; Prospect Holdings Limited holds 194,960,000 shares, with its percentage falling from approximately 12.99% to approximately 10.83%; the placees hold 299,949,984 shares, representing approximately 16.67%; and other public shareholders hold 584,389,920 shares, with their percentage falling from approximately 38.97% to approximately 32.47%. The announcement also noted that JZ Investment Fund L.P. is an exempted limited partnership managed by the board of its general partner, JZ International Ltd.; Jinli Group Limited is wholly owned by Orient Ruixin Limited, which is wholly owned by Dongfang Ruiyi (Shanghai) Investment Management Co., Ltd., which in turn is wholly owned by Shanghai Orient Securities Capital Investment Co., Ltd. and Orient Securities Company Limited; and Prospect Holdings Limited is wholly owned by CCBI Investments Limited, which is wholly owned through successive layers by CCB International (Holdings) Limited, CCB Financial Holdings Limited and CCB International Group Holdings Limited, and ultimately by China Construction Bank Corporation, which is owned as to 57.11% by Central Huijin Investment Ltd.