CMGE Technology Group Limited disclosed on 28 April 2026 that it has allotted and issued 122.95 million new ordinary shares under its existing general mandate, following three subscription agreements signed on 20 April 2026.
The new shares were priced at HKD 0.244 each and were listed on the Hong Kong Stock Exchange on 28 April 2026. Based on the disclosed pricing and volume, the gross proceeds amount to approximately HKD 30.00 million.
Prior to the issuance, CMGE had 2.995 billion shares outstanding. The additional shares represent 4.1% of the pre-issue share capital, lifting the total issued share count to 3.118 billion. The company reported no treasury shares either before or after the transaction, and there were no repurchases or redemptions pending cancellation.
CMGE confirmed that the issuance was duly authorised by its board and complied with all relevant listing rules and regulatory requirements.
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