On 12 March 2026, IDT International Limited (IDT INT’L, stock code 00167) completed a placement of 86.65 million new ordinary shares under its general mandate, according to the company’s Next Day Disclosure Return filed with the Hong Kong Stock Exchange.
The new shares were issued at HKD 1.88 apiece, implying gross proceeds of approximately HKD 162.91 million. Following the allotment, IDT INT’L’s total issued share capital expanded from 433.33 million to 519.98 million shares, reflecting a 20% increase.
The placement was executed pursuant to a placing agreement dated 13 February 2026 and a supplemental agreement dated 6 March 2026. The company confirmed that the transaction was duly authorized by the board and complied with all applicable listing rules and statutory requirements.
There were no changes in treasury shares, and no share repurchases or on-market sales of treasury stock were reported.
Comments