SHUANGDENG: Fully exercised the over-allotment option, price stabilization actions, and the end of the price stabilization period

Zhitong
2025.09.21 10:18
portai
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SHUANGDENG announced that it has exercised the over-allotment option on September 20, 2025, involving 8.7835 million H shares, accounting for 15% of the shares initially available for subscription in the global offering. The over-allotted shares are issued at HKD 14.51 per share. Meanwhile, according to Hong Kong law, the stabilization period for the global offering ended on the same day

According to the announcement from SHUANGDENG (06960), the overall coordinator (for themselves and on behalf of the international underwriters) has fully exercised the over-allotment option as described in the prospectus on September 20, 2025 (Saturday), involving a total of 8.7835 million H shares (over-allotted shares), accounting for approximately 15.0% of the total number of shares initially available for subscription under the global offering before any over-allotment option was exercised. The over-allotted shares will be issued and allocated by the company at HKD 14.51 per H share.

According to Section 9(2) of the Securities and Futures (Price Stabilizing) Rules (Cap. 571W) of Hong Kong legislation, the company announces that the price stabilization period for the global offering ended on September 20, 2025 (Saturday), which is the 30th day after the deadline for submitting applications for the Hong Kong public offering