Grown Up Group Investment Holdings Limited has proposed a 10-to-1 share consolidation and a concurrent change in trading lot size, moves aimed at meeting Hong Kong Stock Exchange (HKEX) trading requirements and improving trading efficiency.
Key Terms • Share consolidation: Every 10 existing shares of HK$0.01 par value will convert into 1 consolidated share of HK$0.10 par value. • Capital structure: Authorised capital remains HK$100.00 million, but issued shares will fall from 1.44 billion to 144.00 million upon effectiveness. • Board lot size: Will shift from 4,000 existing shares to 5,000 consolidated shares. At the latest closing price (HK$0.036 per existing share), the theoretical value per new lot rises from HK$144 to HK$1,800. • Fractional shares: Aggregated and sold for the company’s benefit; no fractional certificates will be issued. • Odd-lot matching: Jakota Securities Group will facilitate matching from 11 November to 1 December 2026.
Timetable (subject to approval) • Last day to lodge share transfers: 20 October 2026. • Register closure: 21 – 26 October 2026. • Extraordinary General Meeting (EGM): 26 October 2026, 10:00 a.m. in Hong Kong. • Expected effective date of consolidation: 28 October 2026. • Free exchange of certificates: 28 October – 3 December 2026. • Parallel trading and new lot trading commence: 11 November 2026.
Rationale The company’s shares have traded below HK$0.10 for the past year, with a board lot value well under HK$1,000. HKEX guidance treats such pricing as “extremity” under Listing Rule 13.64. Management believes the consolidation will lift the trading price per share, raise each lot’s value above HK$1,000, reduce proportional transaction costs and potentially broaden the investor base. The board states the action will not affect underlying operations, assets or shareholder rights.
Approvals Implementation requires: 1. Shareholder approval at the EGM. 2. HKEX listing and dealing permission for the consolidated shares. 3. Compliance with Cayman Islands law and HKEX Listing Rules.
Capital Instruments and Fund-Raising The group has no outstanding options, warrants or convertible securities. Its existing share option scheme has 100.00 million ungranted options, which will adjust to 10.00 million post-consolidation. Management has no current fund-raising plans but may consider opportunities as needed.
Shareholders are advised that the consolidation and new board lot size will proceed only if all conditions are met. Trading in existing shares continues as normal until the effective date; thereafter, only consolidated shares will be tradable, with old certificates exchangeable at no cost until 3 December 2026.
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