Jolimark Holdings Limited announced the successful completion of a new-share placement under its general mandate on 14 July 2026. All conditions for the transaction, first disclosed on 29 June and 8 July 2026, have been fulfilled.

The placing agent allocated 122.58 million new shares to not fewer than six independent investors at HK$0.72 per share, generating net proceeds of approximately HK$86.40 million. Gross proceeds are estimated at HK$88.26 million, implying placement expenses of roughly HK$1.86 million.

Proceeds allocation: • Staff salaries and benefit expenses • Procurement for day-to-day operations • Repayment of existing bank loans

Post-placement share capital expanded from 735.76 million to 858.33 million shares. Kytronics Holdings Limited remains the controlling shareholder, although its stake diluted from 60.49 % to 51.85 %. Public float increased, with new placees now holding 14.28 %, while other public shareholders’ combined interest declined to 33.87 %.

All placees and their ultimate beneficial owners are classified as Independent Third Parties under Hong Kong Stock Exchange rules, and none has become a substantial shareholder following the transaction.

Board composition at the announcement date remains unchanged: Executive Directors Mr. Au Pak Yin and Mr. Au Kwok Lun; Non-Executive Director Mr. Ou Guo Liang; and Independent Non-Executive Directors Mr. Sun Po Yuen, Mr. Yeung Kwok Keung and Ms. Kan Lai Kuen, Alice.