Tian Ge Interactive (1980) Announces Public Float Status and Partial Offer Constraints

Bulletin Express
Feb 06

According to the latest announcement dated 6 February 2026 from Tian Ge Interactive Holdings Limited (1980), the company’s public float stands at approximately 20.85%, below the requirement outlined in Rule 13.32B(1) of the Listing Rules. The company has an ongoing application for a temporary waiver of this public float requirement from 8 January 2026 to 8 June 2026.

The announcement references a pre-conditional voluntary cash partial offer by Sina to acquire 32,500,000 shares in Tian Ge Interactive, which was initially communicated on 8 January 2026. Since the board of the company must avoid any action that could frustrate the partial offer under Rule 4 of the Takeovers Code, such measures as new share issuance or share option grants, which may help restore the public float, have been temporarily put on hold.

The company remains committed to ensuring compliance with Rule 13.32B of the Listing Rules and will pursue its planned public float restoration strategies after the close of the Sina partial offer. Further updates will be announced in accordance with the Listing Rules as developments arise.

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