Gaodi Holdings Limited has launched a rights issue offering one new share for every two existing shares held on the record date of 24 June 2026. The subscription price is set at HK$0.19 per rights share, representing the total payment required on acceptance.
Key terms • Entitlement ratio: 1 rights share for every 2 existing shares. • Subscription price: HK$0.19 per rights share, payable in full upon acceptance in Hong Kong dollars. • Total subscription money: Calculated by multiplying the number of provisionally allotted rights shares (Box B) by HK$0.19 (Box C). • Trading of nil-paid rights: 29 June – 7 July 2026 (both dates inclusive) on the Stock Exchange of Hong Kong. • Latest time to accept and pay: 4:00 p.m., 10 July 2026 (Friday), subject to extension in case of typhoon signal No. 8, black rainstorm warning or “extreme conditions.” • Listing and dealing: Listing approval for both nil-paid and fully-paid rights shares on the Stock Exchange is subject to satisfaction of standard conditions, including compliance with HKSCC admission requirements. • Share certificate despatch: Fully-paid rights share certificates are expected to be mailed by ordinary post on 4 August 2026. • Fractional entitlements: Fractions will not be issued; aggregated fractions will be sold for the company’s benefit, reducing the overall issue size accordingly.
Conditions precedent The rights issue will proceed only if all conditions detailed in the prospectus section “Conditions of the Rights Issue” are fulfilled or waived. Failure to satisfy these conditions will result in the rights issue being withdrawn and application monies returned without interest.
Application and payment instructions Acceptances must be submitted by lodging the original Provisional Allotment Letter, with payment via cheque or cashier’s order drawn on a licensed Hong Kong bank and made payable to “GAODI HOLDINGS LIMITED – RIGHTS ISSUE ACCOUNT,” crossed “Account Payee Only.” Separate payment is required for each acceptance; no receipts will be issued.
Transfer and splitting Holders may transfer all or part of their rights by completing the prescribed forms. Transfers and acceptances are subject to Hong Kong ad valorem stamp duty. For partial acceptances or multiple transfers, the original Provisional Allotment Letter must be surrendered to the Hong Kong branch share registrar, Computershare Hong Kong Investor Services Limited, by 4:30 p.m. on 2 July 2026 for cancellation and issuance of new allotment letters.
Regulatory and jurisdictional considerations Rights issue documentation is registered only in Hong Kong. Applications from jurisdictions outside Hong Kong must comply with all local legal and regulatory requirements; the company may reject applications it believes would breach any applicable laws. Rights shares will rank pari passu with existing shares upon allotment, including entitlement to all future dividends and distributions.
Investors considering trading in Gaodi Holdings’ shares or nil-paid rights should note that the rights issue remains conditional and may not proceed if the stated conditions are not met.
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