HESAI-W (02525.HK): Share Subdivision Takes Effect on 10 July; Board Lot Revised from 20 Shares to 100 Shares
NewTimeSpace News: HESAI-W (02525.HK) announced that the share subdivision became effective on 10 July, with subdivided Class B ordinary shares commencing trading on HKEX at 9:00 a.m. on the same day. The board lot size is changed from 20 existing Class B ordinary shares to 100 subdivided Class B ordinary shares. A temporary trading counter for 160 shares (in old share form) will be available between 10 July and 13 August. Exercise prices and quantities of outstanding options and unvested RSUs have been adjusted proportionately. New share certificates are coloured yellow.
NewTimeSpace News: On 10 July 2026, HESAI-W (02525.HK) issued an announcement stating that the share subdivision took effect on 10 July 2026, and trading of the subdivided Class B ordinary shares commenced on The Stock Exchange of Hong Kong Limited at 9:00 a.m. on the same day. The board lot size was revised from 20 existing Class B ordinary shares to 100 subdivided Class B ordinary shares. A temporary counter for trading of 160 shares in the form of old share certificates will be available from 10 July to 13 August 2026.
Following the share subdivision, old share certificates remain valid until 4:10 p.m. on 17 August 2026, after which they will no longer be accepted for delivery and settlement, though holders may exchange them for new certificates at any time. Meanwhile, the exercise prices and quantities of outstanding share options and unvested restricted share units (RSUs) have been adjusted proportionately. Certificates for the subdivided shares are yellow in colour.
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