HANS CNC Fully Exercises Over-Allotment Option, Concludes Price Stabilization Period

Stock News03-05

HANS CNC (03200) announced that the over-allotment option as described in the prospectus was fully exercised on March 5, 2026, by the sponsor and overall coordinator (acting for itself and on behalf of the international underwriters). This involved a total of 7.5677 million H shares, representing approximately 15.0% of the total number of shares offered under the global offering (prior to any exercise of the over-allotment option). The over-allotment shares will be allotted and issued by the company at an H share price of HK$95.80 per share. These shares will be used to assist in the delivery of a portion of H shares to placees who have agreed to delay the delivery of their relevant offer shares subscribed under the global offering. Additionally, the price stabilization period for the global offering ended on March 5, 2026.

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