Top Education boosts share capital by 60.16 million shares through Pre-IPO rights exercise

Bulletin Express
07/23

Top Education Group Ltd has expanded its issued share capital by 60.16 million ordinary shares following the exercise of pre-IPO performance rights granted under the company’s Pre-IPO Performance Rights Plan adopted on 8 June 2017. The new shares were issued on 23 July 2026.

Prior to the allotment, Top Education had 2.17 billion shares in issue. The latest transaction lifts the total to 2.23 billion, representing a 2.77 % increase in the company’s outstanding share base.

No treasury shares were held before or after the event, and the filing confirms there were no share repurchases, redemptions or on-market sales of treasury shares during the period. The board has affirmed that the share issuance complied with all relevant Hong Kong Stock Exchange listing rules and regulatory requirements.

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