JL MAG Announces Proposed Listing on the Main Board of SEHK, Offer Price between HK$33.80 and HK$40.30 per Offer Share
HONG KONG, Dec 31, 2021 - (ACN Newswire) - JL MAG Rare-Earth Co., Ltd. ("JL MAG" or the "Company", together with its subsidiaries, the "Group", stock code: 6680.HK), a leading producer of high-performance rare earth permanent magnets ("REPMs"), announced the proposed listing of its H shares on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK") today. JL MAG plans to offer an aggregate of 125,466,000 H shares (the "Offer Shares") under the Global Offering (subject to the Over-allotment Option), comprising an international offering (the "International Offering") of 112,919,200 shares (subject to adjustment and Over-allotment Option) and Hong Kong public offering (the "Hong Kong Public Offering") of 12,546,800 shares (subject to adjustment), at a price range between HK$33.80 and HK$40.30 per Offer Share. The Hong Kong Public Offering will open at 9:00 a.m. on 31 December 2021 (Friday) and c