TEMPUS HOLD (06880): Stability in price action, end of the stability period, and expiration of the over-allotment option.

date
18:54 02/08/2026
avatar
GMT Eight
MOMENTA-W (06880) announced that, according to Section 9(2) of the Securities and Futures (Stabilization) Rules (Chapter 571W of the Laws of Hong Kong), the stabilization period regarding the global offering has ended on August 2, 2026 (Sunday), which is the 30th day from the deadline for submitting applications for the Hong Kong public offering.
TEMPUS HOLD (06880) announced that, according to Section 9(2) of the Securities and Futures (Stabilization) Rules (Cap. 571W of the Laws of Hong Kong), the stabilization period related to the global offering ended on August 2, 2026 (Sunday), which is the 30th day from the deadline for submitting the application for the Hong Kong public offering. China International Capital Corporation Hong Kong Securities Limited (acting as the stabilization agent) or any of its affiliates or persons acting on its behalf took the following stabilization actions during the stabilization period: (1) A total of 2,990,700 Class A ordinary shares were over-allocated in the international offering, representing approximately 15% of the total number of shares available for subscription under the global offering before the exercise of any over-allotment option; (2) China International Capital Corporation Hong Kong Securities Limited borrowed a total of 2,990,700 Class A ordinary shares from Creative Circuit Limited, Yijia Venture Capital Limited, Tide Bay Limited, and Tycoon Insight Limited (collectively referred to as the lenders) under a stock borrowing agreement to cover the over-allocation in the international offering. These shares will be returned and redelivered to the lenders according to the terms of the stock borrowing agreement; and (3) During the stabilization period, a total of 2,990,700 Class A ordinary shares were continuously purchased in the market at a price ranging from HKD 242.20 to HKD 295.60 per Class A ordinary share (excluding a 1.0% brokerage commission, a 0.0027% SFC transaction levy, a 0.00015% FSTB transaction levy, and a 0.00565% exchange transaction fee), equivalent to about 15% of the total number of shares available for subscription under the global offering before the exercise of any over-allotment option, to return the 2,990,700 Class A ordinary shares borrowed from the lenders under the stock borrowing agreement. During the stabilization period, the last purchase made by the stabilization agent or any of its affiliates or persons acting on its behalf in the market was on July 31, 2026 (Friday), at a price of HKD 263.00 per Class A ordinary share (excluding a 1.0% brokerage commission, a 0.0027% SFC transaction levy, a 0.00015% FSTB transaction levy, and a 0.00565% exchange transaction fee). The Overall Coordinator (for itself and on behalf of the International Underwriters) did not exercise the over-allotment option during the stabilization period, and the over-allotment option expired on August 2, 2026 (Sunday). Therefore, there are no Class A ordinary shares that have been or will be issued under the over-allotment option.