VGT Fully Exercises Over-Allotment Option

Stock News04-22

VGT (02476) announced that the over-allotment option as described in the prospectus has been fully exercised by the sponsor and overall coordinator on behalf of the international underwriters on Wednesday, April 22, 2026. The exercise involves a total of 14.3775 million H shares, representing approximately 15.0% of the total shares offered under the global offering. The over-allotted shares will be issued by the company at HKD 209.88 per H share. These shares will be used to assist in delivering a portion of the H shares to placees who have agreed to postpone the delivery of their respective shares subscribed for under the global offering.

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