RIDGE OUTDOOR (02720) Public Offering Oversubscribed by 3654 Times, Sets Final Price at HK$12.25 Per Share

Stock News
02/09

RIDGE OUTDOOR (02720) has announced its allotment results. The company globally offered 28.205 million shares, with the Hong Kong public offering comprising 10% and the international offering making up the remaining 90%. The final offer price has been set at HK$12.25 per share. The net proceeds from the global offering are approximately HK$285 million. Each board lot consists of 500 shares. The shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on Tuesday, February 10, 2026. The public offering was oversubscribed by approximately 3654.23 times, while the international offering was oversubscribed by about 2.94 times.

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