Midea Group Co. Ltd. Class H (HK:0300) has released an update.
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Midea Group Co., Ltd. has announced the full exercise of the Over-allotment Option from its prospectus dated September 9, 2024, resulting in the issue of an additional 84,893,200 H Shares at HK$54.80 each. This move, which represents 15% of the total Offer Shares in the Global Offering, is set to facilitate delayed share deliveries to certain placees. The Over-allotment Option Shares are expected to be listed on the Main Board of the Stock Exchange starting September 30, 2024.
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