Voicecomm Extends Long-Stop Date for Third H-Share Placement; Subscription Price Set at HK$46.30, 22% Above Market

Bulletin Express
Aug 07

Voicecomm International Limited (Voicecomm, 02495) has signed a Fourth Supplemental Agreement with its subscriber to extend the long-stop date for the company’s third H-share issuance (Subscription C) from 7 August to 4 September 2026. The deal involves the conditional placement of 2.20 million new H shares at HK$46.30 each, representing a 22.03% premium to the 7 August closing price of HK$37.94 and a 24.83% premium to the five-day average of HK$37.09.

None of the five precedent conditions for Completion C—Stock Exchange approval, requisite consents, and confirmations that no material adverse change or misrepresentation has occurred—has been met to date.

• Listing approval: the company will submit its application to the Stock Exchange “in due course”. • External consents: other than board approval already secured, no additional company-side consents are required. The subscriber’s limited partner is finalising its capital contribution and expects completion by 4 September 2026, enabling fulfilment of the consent condition. • Remaining warranties and material-adverse-effect conditions are “expected to be capable of being fulfilled in due course”.

Management reiterated that the share placement is aimed at strengthening the balance sheet, widening the shareholder base and supporting long-term growth. All other terms of the Subscription Agreement remain unchanged.

The transaction may lapse if conditions are not satisfied or waived by the extended long-stop date. Voicecomm will issue further updates in accordance with Hong Kong Listing Rules, and shareholders are advised to exercise caution when dealing in the company’s shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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