GENFLEET-B (02595) Fully Exercises Over-Allotment Option, Stabilization Period Concludes

Stock News
Oct 16

GENFLEET-B (02595) announced that its sole sponsor and overall coordinator, acting on behalf of itself and the international underwriters, has fully exercised the over-allotment option as described in the prospectus on October 16, 2025. A total of 13.386 million H shares were involved, representing approximately 15% of the total shares available for subscription under the global offering prior to the exercise of any over-allotment options (after accounting for the full exercise of the offering size adjustment). The over-allotted shares will be issued and allocated at HKD 20.39 per H share. These additional shares will be used to address the excess allocation in the international offering. Furthermore, the stabilization period for the global offering has also concluded on October 16, 2025, which is the 30th day following the submission deadline for the Hong Kong public offering application.

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