Montage Technology (HKG:6809, SHA:688008) said the stabilization period for its global offering ended on March 6, according to a same-day Hong Kong bourse filing.
During the period, the stabilizing manager over-allocated 9.9 million shares in the international offering, representing about 15% of the shares initially available under the global offering.
The overallotment option was fully exercised on Feb. 10 for 9.9 million shares at HK$106.89 each, the offer price, to facilitate delivery of shares to certain placees.
The company said no on-market purchases or sales were conducted for price stabilization during the period.
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