Direct Drive (06731) has announced its allotment results, according to a disclosure. The company offered 50 million H shares globally, with the Hong Kong public offering accounting for 20% and the international offering accounting for 80%.
The offer price was set at HK$21.60 per share, and the global offering raised net proceeds of HK$982.5 million. Each board lot comprises 100 shares, and the H shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on September 29, 2026.
The Hong Kong public offering was oversubscribed 208.56 times, while the international offering was oversubscribed 2.72 times.
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