The Zhitong Finance App learned that iron goods (01029) continued to rise by more than 15% and surged 30% in 2 trading days. As of press release, it had risen 14.93% to HK$0.15, with a turnover of HK$2.43 million.
According to the news, Iron Goods and the offender AXIOMA CAPITAL FZELLC jointly announced a few days ago that the offer ended at 4 p.m. on February 22, 2024 (Thursday), and has not been further revised or extended by the offeror. The offeror has received valid acceptance of a total of about 2,228 billion accepted shares under the share offer (accounting for approximately 26.15% of the company's total issued share capital at the date of this joint announcement); and a total of about 91.714,400 accepted share options (accounting for 51.27% of the offer) under the share option offer.
Based on effective acceptance, the offeror and those acting in concert have interests in a total of about 4.836 billion shares (accounting for about 56.76% of the company's total issued share capital at the date of this joint announcement), with a public shareholding of about 43.24%. Accordingly, as of the date of this Joint Announcement, the Company still met the minimum public shareholding requirement under section 8.08 (1) (a) of the Listing Rules.