GW Terroir Issues 39.35 Million New Shares via HK$0.47 Placing, Expanding Free Float

Bulletin Express
06/02

Great Wall Terroir Holdings Limited (GW Terroir) submitted its monthly return for the period ended 31 May 2026, detailing a material expansion of its issued share capital.

Authorised Capital • Remained unchanged at 1.20 billion ordinary shares with a par value of HK$0.10, equivalent to HK$120.00 million.

Issued Shares • Issued shares rose by 39.35 million to 236.28 million, a 20.00% increase from the 196.93 million outstanding at end-April. • No treasury shares were outstanding before or after the transaction, keeping the total issued share count identical to the number in public circulation.

Transaction Details • The entire increase resulted from a placing/subscription completed on 21 May 2026 at HK$0.47 per share, previously authorised at the 5 June 2025 general meeting. • The placing price implies gross proceeds of approximately HK$18.49 million before expenses.

Share Option Scheme Activity • No share options were granted, exercised, cancelled or lapsed during the month. • The 2018 Share Option Scheme still allows up to 15.75 million additional shares to be issued upon future grants and exercises.

Public Float Compliance • GW Terroir confirmed that it met the Main Board’s minimum 25% public-float requirement as of 31 May 2026.

With authorised capital intact and a notable increase in issued shares, GW Terroir concludes May 2026 with an enlarged equity base and maintained regulatory compliance.

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