Luxxu Group Limited (LUXXU) reported that it has issued and allotted 43.13 million ordinary shares on 25 June 2026 under a placing agreement dated 4 June 2026, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange. The new shares were placed at HKD 0.50 each.

The issuance expanded LUXXU’s outstanding share base from 215.65 million to 258.79 million shares, representing a 20% increase.

At the stated placement price, the transaction generated approximately HKD 21.57 million in gross proceeds. No treasury shares were involved, and the company reported no share repurchases, redemptions or cancellations during the period.

The board confirmed that the share placement was properly authorised and conducted in full compliance with Hong Kong listing rules, regulatory requirements and applicable corporate laws.