GCL New Energy issues 127.00 million new shares via placing, expanding share capital by 8.17%

Bulletin Express04-28

On 28 April 2026, GCL New Energy Holdings Limited completed a share placement involving 127.00 million new ordinary shares at HKD 1.05 per share under its existing general mandate.

The transaction raised approximately HKD 133.35 million in gross proceeds and increased the company’s issued share count from 1.55 billion to 1.68 billion shares, representing an 8.17% expansion of the outstanding share base.

The board confirmed that the allotment complied with all relevant listing rules and regulatory requirements, with full receipt of subscription monies and identical rights attached to the newly issued shares. No treasury share movements, repurchases, or cancellations were reported.

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