CMGE Issues 122.95 Million New Shares in April 2026, Lifting Total Outstanding to 3.12 Billion

Bulletin Express05-04 16:22

CMGE Technology Group Limited disclosed in its monthly return to the Hong Kong Stock Exchange that 122.95 million ordinary shares were issued on 28 April 2026 following three subscription agreements signed on 20 April 2026.

The new shares expanded CMGE’s outstanding share base by 4.10%, from 2.99 billion to 3.12 billion shares as of 30 April 2026. All newly issued shares are fully listed on the Exchange under stock code 00302, and no treasury shares were involved in the transaction.

Authorised share capital remained unchanged at 5.00 billion shares with a par value of USD 0.0001, keeping the total authorised capital at USD 500,000.

CMGE confirmed compliance with the Main Board’s 25% minimum public-float requirement.

Under the Post-IPO Share Option Scheme adopted on 20 September 2019, 56.06 million options were outstanding at month-end, with the scheme still allowing up to 170.04 million shares to be issued upon full exercise.

No warrants, convertibles, or other share repurchase activities were reported for the period.

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