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Classified Group (Holdings) Limited (8232) Announces Public Float Restoration and Waiver Grant

Bulletin Express2025-11-01

Classified Group (Holdings) Limited (the Company, Stock Code: 8232) has announced that it received a temporary waiver from strict compliance with Rule 11.23(7) of the GEM Listing Rules regarding the Company’s minimum public float requirement. According to the announcement, the Company’s public float stood at approximately 24.1% after the close of the share offer jointly made by THAC Group (BVI) Limited (the Offeror) and the Company on 29 September 2025. The Stock Exchange granted the waiver for the period from 29 September 2025 to 31 October 2025.

The announcement further confirms that the Offeror disposed of a total of 3,000,000 shares on 31 October 2025. As a result, the public float has been restored to 29.5% of the total number of shares in issue, exceeding the minimum requirement of 25%. The Company notes that with these steps, compliance with the GEM Listing Rules concerning the minimum public float requirement has been fully restored.

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.

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