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BRIEF-Xiaomi Announces Placing Of 800 Mln Shares At HK$53.25 Per Share

Reuters
2025/03/25
BRIEF-Xiaomi Announces Placing Of 800 Mln Shares At HK$53.25 Per Share

March 25 (Reuters) - Xiaomi Corp 1810.HK:

  • PLACING OF EXISTING SHARES AND TOP-UP SUBSCRIPTION OF NEW SHARES UNDER GENERAL MANDATE

  • PLACING SHARES AT PLACING PRICE OF HK$53.25 FOR EACH PLACING SHARE

  • NUMBER OF SHARES TO BE PLACED 800 MILLION EXISTING SHARES

  • INTENDS TO USE ESTIMATED NET PROCEEDS OF SUBSCRIPTION OF HK$42.5 BILLION PRIMARILY FOR ACCELERATION OF ITS BUSINESS EXPANSION, OTHERS

Further company coverage: 1810.HK

((Reuters.Briefs@thomsonreuters.com;))

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