HKBN (01310): Share Offer Closes with Offeror and Concert Parties Holding 78.08% Stake

Stock News
Sep 17

HKBN (01310) and the offeror China Mobile Hong Kong Limited jointly announced that the share offer closed at 4:00 PM on September 17, 2025, without revision or extension by the offeror. As of 4:00 PM on September 17, 2025, being the final time and date for accepting the share offer, the offeror received valid acceptances involving 712,513,527 shares under the share offer, representing approximately 48.18% of all issued shares as of the announcement date. Taking into account (i) the accepted shares (pending completion of transfer of such accepted shares to the offeror); and (ii) the 442,197,548 shares already acquired by the offeror under the TPG Share Purchase Agreement and MBK Share Purchase Agreement, representing approximately 29.90% of all issued shares as of the announcement date, the offeror and its concert parties hold interests in a total of 1,154,711,075 shares, representing approximately 78.08% of all issued shares as of the announcement date.

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