Zhihu-W (02390): Repurchase shares with a cash offer to meet the terms of the offer

Zhitongcaijing · 10/16 10:41

According to the Zhitong Finance App, Zhihu-W (02390) issued an announcement. The voting results of the company's conditional voluntary cash offer to repurchase up to 469.21,000 Class A common shares (including in the form of American depository shares) at a price of HK$9.11 per Class A common share (equivalent to $3.50 per American depository share). At the Extraordinary General Meeting of Shareholders held on October 16, 2024 (Wednesday), independent shareholders formally passed the ordinary resolution on approval of the offer contained in the Notice of the Extraordinary General Meeting of Shareholders by voting.

As the conditions have been met, the offer became unconditional on October 16, 2024 (Wednesday). Non-US offers will continue to be accepted until October 30, 2024 (Wednesday) at 4:00 p.m. (Hong Kong time). US offers will continue to be accepted until 4 a.m. (New York time) on Wednesday, October 30, 2024.