Litian Pictures places 68.00 million new shares at HK$0.156, expanding share capital by 15.74%

Bulletin Express04-23 06:22

Litian Pictures Holdings Limited on 22 April 2026 allotted 68.00 million ordinary shares under a general mandate, according to its Next Day Disclosure Return released on 23 April 2026.

• Issue details: The new shares were placed at HK$0.156 each, implying gross proceeds of approximately HK$10.61 million.

• Capital structure impact: The company’s issued share count increased from 432.00 million to 500.00 million, representing a 15.74% expansion.

• Compliance: The board confirmed that the placement complied with all applicable listing rules and regulatory requirements.

No treasury shares were outstanding, and the filing reported no share repurchases or redemptions. Following the transaction, the entire share capital of Litian Pictures now comprises 500.00 million ordinary shares listed on the Hong Kong Stock Exchange.

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