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Louis XIII Holdings Ltd Announces Completion Of Placing

Friday, 15 Nov 2013 07:55am EST 

Louis XIII Holdings Ltd announced that with reference to the announcement dated November 8, 2013, The Board announced that the General Mandate Placing was completed on November 15, 2013 in accordance with the terms and conditions of the Placing Agreement. 72,070,500 General Mandate Placing Shares have been successfully placed at a price of HKD8.23 per Share pursuant to the Placing Agreement. The aggregate gross and net proceeds from the General Mandate Placing are approximately HKD593.14 million and approximately HKD570 million, respectively. 

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10:55pm EDT