DEWIN (02418) Opts for Lower Alternative Public Float Threshold

Stock News
Feb 01

DEWIN (02418) announced that, to comply with the amended Listing Rule 19A.28B, its board of directors passed a resolution on February 1, 2026, to switch from the initial designated threshold to the alternative threshold for meeting the minimum public float requirement under the rule, effective from the same date. The board believes that adopting the alternative threshold will afford the company greater flexibility for future capital management activities. According to the amended Listing Rule 19A.28B, if a company chooses the alternative threshold, the H-shares held by the public and listed on the Stock Exchange must, at all times, (i) have a market capitalization of at least HKD 1 billion, and (ii) constitute no less than 10% of the total issued shares of the H-share class (excluding treasury shares). As of the date of this announcement, the market capitalization of the company's shares held by the public, calculated under the amended Listing Rule 19A.28A, is approximately HKD 3.9 billion, and the company's public float percentage is approximately 25.32%.

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