MININGLAMP-W (02718): Full Exercise of Over-Allotment Option, Stabilization Actions, and End of Stabilization Period

Stock News
2025/11/27

MININGLAMP-W (02718) announced that the over-allotment option mentioned in the prospectus was fully exercised on November 27, 2025, by the sole sponsor and global coordinator (acting on behalf of the international underwriters). This involved a total of 1,082,800 Class A shares, representing approximately 15% of the total number of shares initially available under the global offering before any over-allotment option was exercised. The over-allotment shares will be issued and allotted by the company at a price of HK$141.00 per share. These shares will be used to facilitate the delivery of a portion of the offering shares to cornerstone investors who agreed to defer the delivery of their subscribed shares under the global offering. Additionally, the stabilization period for the global offering ended on November 27, 2025 (the 30th day after the deadline for submitting applications under the Hong Kong public offering).

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