WUXI LEAD (00470) expands H-share capital by 0.37% through HKD 45.80 placement

Bulletin Express03-11

Wuxi Lead Intelligent Equipment Co., Ltd. (stock code: 00470) allotted 400,000 new H shares on 11 March 2026 following the partial exercise of the over-allotment option disclosed on 8 March 2026.

The issuance, priced at HKD 45.80 per share, lifts total issued H shares from 107.66 million to 108.06 million, marking a 0.37% expansion. Based on the disclosed price and volume, the transaction is valued at approximately HKD 18.32 million.

The company reported zero treasury shares and confirmed no share repurchases or on-market sales of treasury shares during the period. The board stated that the share issue complies with all applicable Hong Kong Stock Exchange listing rules and regulatory requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment