GP LOGISTICS (08489) Completes Placement of 7.58 Million New Shares

Bulletin Express03-06

GP LOGISTICS (08489) has completed the placement of 7.58 million new shares at HK$0.37 each, marking approximately 2.46% of the company’s enlarged issued share capital on 6 March 2026. The three placees are independent investors, none of whom became substantial shareholders following the transaction.

The placement generated around HK$2.83 million in gross proceeds, while net proceeds stood at about HK$2.63 million. The total issued share capital increased from 300 million shares to about 307.58 million shares after completion. The largest shareholder’s stake changed from 75.00% to 73.15%, with new shareholders now holding positions of 1.72%, 0.44%, and 0.30% respectively, while other public shareholders collectively hold 24.38%.

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