LOTUS HORIZON (06063.HK): Public float at 24.9968%; waiver granted
- The public holding of 499,336,000 shares relates to offer shares pending formal registration of transfers by the registrar.
- The waiver covers 20 October to 2 November 2026, both dates inclusive, conditional on disclosure through this announcement.
NewTimeSpace News: On 22 October 2026, Lotus Horizon Holdings Limited (stock code: 06063) said that, immediately after the offer closed and as at the date of the closing announcement on 20 October 2026, 499,336,000 shares, or about 24.9968% of total issued share capital, were held by the public once valid acceptances are registered. This falls short of the 25% minimum public float under Rule 13.32B(1).
The Company applied for a temporary waiver from strict compliance, and the Stock Exchange granted it on 21 October 2026 for the period from 20 October to 2 November 2026, both dates inclusive, on condition that the details are disclosed by this announcement. The Exchange may revoke or vary the waiver if circumstances change. The offeror and the Company are taking appropriate steps to restore the minimum public float as soon as practicable and will issue a further announcement in due course.
- LOTUS HORIZON (06063.HK): Mandatory Cash Offer Closes with 0.0032% Acceptances; Public Float Falls to 24.9968%
- LOTUS HORIZON (06063.HK): Composite Document for Mandatory Unconditional Cash Offer Despatched; Closing on 20 October
- LOTUS HORIZON(06063.HK)FY 25/26 Annual Report - Profit Attributable to Shareholders stood at loss of HKD 3.31 million, turned into a loss from a profit YoY
