HKBN(01310): Tender offer deadline reached, offeror and its concerted action parties hold 78.08% of shares.

date
17/09/2025
avatar
GMT Eight
Hong Kong Broadband (01310) and the offeror China Mobile Hong Kong Limited jointly announced that the share offer has been completed in 2025...
HKBN (01310) and the offeror China Mobile Limited (Hong Kong) jointly announced that the share offer has ended at 4:00 pm on September 17, 2025 and has not been revised or extended by the offeror. By 4:00 pm on September 17, 2025, the deadline for accepting the share offer, the offeror has received valid acceptances relating to 712,513,527 shares, representing approximately 48.18% of the total issued shares as of the date of this announcement. Taking into account (i) the accepted shares (pending transfer to the offeror) and (ii) the shares acquired by the offeror and its concert parties under the TPG Subscription Agreement and MBK Subscription Agreement, amounting to 442,197,548 shares, representing approximately 29.90% of the total issued shares as of the date of this announcement, the offeror and its concert parties together hold interests in a total of 1,154,711,075 shares, representing approximately 78.08% of the total issued shares as of the date of this announcement.