Sany Heavy Industry (06031): Exercise of oversubscription rights, price stabilization measures, and end of price stabilization period.

date
19:08 23/11/2025
avatar
GMT Eight
Sany Heavy Industry (06031) announced that the overall coordinator (for themselves and on behalf of international underwriting syndicate representatives) has as of 202...
Sany Heavy Industry (06031) announced that the overall coordinator (for themselves and on behalf of international underwriters) has partially exercised the over-allotment option as described in the prospectus on November 22, 2025 (Saturday), involving a total of 89.0156 million H shares, accounting for approximately 14.09% of the total number of shares available for subscription under the overallotment option before the exercise. The over-allotment shares will be issued and distributed by the company at a price of HK$21.30 per H share (i.e., the offer price per H share under the global offering, excluding 1.0% underwriting commission, 0.0027% SFC transaction levy, 0.00015% SFC trading fee and 0.00565% HKEx trading fee). In accordance with section 9(2) of Chapter 571W of the Securities and Futures (Price Stabilization) Rules of Hong Kong, the company announced that the stabilization period for the global offering ended on November 22, 2025 (Saturday) (i.e., 30 days after the deadline for submitting the Hong Kong public offering application).