E&P Global Issues 1.19 Billion New Shares, Enlarging Share Base by 9.09% in August 2026

Bulletin Express
Sep 04

E&P Global Holdings Limited reported a significant expansion of its issued share capital for the month ended 31 August 2026.

Key developments • Share issuance: 1.19 billion new ordinary shares were allotted and issued on 27 August 2026 under a specific mandate linked to the Subscription Agreement dated 27 June 2026 (supplemented on 6 July 2026). • Issue price: HKD 0.15 per share, implying gross proceeds of approximately HKD 178.51 million. • Enlarged share base: Issued shares (excluding treasury shares) rose 9.09% from 13.09 billion to 14.28 billion. • Authorised capital unchanged: The company’s authorised share capital remained at 100 billion ordinary shares with a par value of HKD 0.01, equivalent to HKD 1.00 billion. • Public float intact: E&P Global confirmed compliance with the Main Board’s minimum 25% public-float requirement following the new share issuance.

Capital structure snapshot (31 August 2026) • Authorised shares: 100 billion • Issued shares: 14.28 billion • Treasury shares: None

All regulatory confirmations were provided by the company’s board, affirming adherence to Hong Kong Listing Rules and other applicable requirements for the August transactions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10