Microware Group Limited has signed a second supplemental agreement with its placing agent to prolong the long-stop date for its planned share placement from 17 August 2026 to 7 September 2026. The extension allows additional time for the sole outstanding condition to be met; all other terms of the original placing agreement dated 6 July 2026 and the first supplemental agreement of 23 July 2026 remain unchanged.
Under the placement, new shares will be issued under the company’s general mandate at HK$3.35 per share. The price represents: • a 3.2% discount to the HK$3.46 closing price on 6 July 2026 (date of the initial placing agreement); • a 1.6% discount to the five-day average closing price of HK$3.406 prior to 6 July 2026; • a 1.5% premium to the HK$3.30 closing price on 23 July 2026 (date of the first supplemental agreement); • a 3.7% premium to the five-day average closing price of HK$3.23 prior to 23 July 2026; • a 9.8% premium to the HK$3.05 closing price on 17 August 2026 (date of the second supplemental agreement); and • an 8.1% premium to the five-day average closing price of HK$3.098 prior to 17 August 2026.
Completion of the placement remains subject to the satisfaction of the agreed condition precedent, and there is no certainty the transaction will proceed. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.