LUXSHARE ICT Announces Partial Exercise of Over-Allotment Option and Conclusion of Stabilization Period

Stock News08-05 21:47

LUXSHARE ICT (02475) has disclosed that the over-allotment option referenced in the prospectus was partially exercised on Wednesday, August 5, 2026, by the sole coordinator (acting on its own behalf and on behalf of the international underwriters).

The exercise involves a total of 12.5419 million H-shares (over-allotment shares), representing approximately 3.27% of the total initially available offer shares under the global offering before any over-allotment option exercise. The over-allotment shares will be issued and allotted by the company at a price of HKD 63.28 per H-share.

Listing approval for the over-allotment shares has been granted by the Stock Exchange Listing Committee. Trading of these shares on the Main Board of the Stock Exchange is expected to commence at 9:00 a.m. on Monday, August 10, 2026. In accordance with Section 9(2) of the Securities and Futures (Stabilization) Rules (Cap. 571W of the Laws of Hong Kong), the company announces that the stabilization period for the global offering ended on Wednesday, August 5, 2026 (the 30th day after the deadline for submitting Hong Kong public offering applications).

The stabilization actions taken by the stabilization agent, Goldman Sachs (Asia) L.L.C., its affiliates, or any person acting on their behalf during the stabilization period are detailed as follows: (i) an overallotment of 57.5209 million H-shares in the international offering, accounting for 15% of the total initially available offer shares under the global offering prior to any over-allotment exercise; (ii) continuous purchases of 44.979 million H-shares on the market during the stabilization period at a price range of HKD 50.95 to HKD 63.25 per H-share, representing approximately 11.73% of the total initially available offer shares; the last market purchase by the stabilization agent, its affiliates, or any person acting on their behalf was made on July 31, 2026, at a price of HKD 55.70 per H-share; and (iii) the partial exercise of the over-allotment option on Wednesday, August 5, 2026, by the sole coordinator (acting on its own behalf and on behalf of the international underwriters) for 12.5419 million H-shares at HKD 63.28 per share, equivalent to approximately 3.27% of the total initially available offer shares, to facilitate delivery to placees who agreed to delay taking delivery of their relevant H-shares subscribed under the global offering.

The portion of the over-allotment option not exercised by the sole coordinator (acting on its own behalf and on behalf of the international underwriters) lapsed on Wednesday, August 5, 2026.

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