OneConnect Announces Pricing of Follow-on Public Offering of American Depositary Shares

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Aug 13, 2020
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OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions in China, today announced the pricing of the public offering (the “Offering”) of 18,000,000 American Depositary Shares (“ADSs”) by the Company, each represents three ordinary shares of the Company at a public offering price of US$18.00 per ADS. The underwriters will have a 30-day option to purchase up to an aggregate of 2,700,000 additional ADSs from the Company.