Ingenic Semiconductor (03223): Stabilizing Actions, End of Stabilization Period, and Lapse of Over-allotment Option

date
18:07 20/09/2026
avatar
GMT Eight
Ingenic Semiconductor (03223) announced that, pursuant to Section 9(2) of the Securities and Futures (Price Stabilizing) Rules, Chapter 571W of the Laws of Hong Kong, the Company announces that the stabilization period in respect of the Global Offering ended on Saturday, 19 September 2026 (being the 30th day after the last day for the submission of applications under the Hong Kong Public Offering).
Ingenic Semiconductor (03223) has announced that, pursuant to Section 9(2) of the Securities and Futures (Price Stabilizing) Rules, Chapter 571W of the Laws of Hong Kong, the Company announces that the stabilization period in respect of the Global Offering ended on Saturday, September 19, 2026 (being the 30th day after the last day for the submission of applications under the Hong Kong Public Offering). The stabilizing actions carried out during the stabilization period by the Stabilizing Manager, its affiliates, or any person acting on their behalf are set out below: (1) Over-allocation of a total of 4,693,000 H Shares in the International Offering, representing approximately 15% of the total number of Offer Shares initially offered under the Global Offering before the exercise of any Over-allotment Option; and (2) purchases of a total of 4,693,000 H Shares in the market during the stabilization period at prices ranging from HK$95.30 to HK$100.00 per H Share (representing approximately 15% of the total number of Offer Shares initially available for subscription under the Global Offering before the exercise of any Over-allotment Option). The last purchase in the market during the stabilization period by the Stabilizing Manager, its affiliates, or any person acting on their behalf was made on September 9, 2026, at a price of HK$99.95 per H Share. The Sponsor and 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 lapsed on Saturday, September 19, 2026. Accordingly, no H Shares have been or will be issued pursuant to the Over-allotment Option.