GREATVIEW ASEPTIC PACKAGING COMPANY LIMITED Proposes Issue Mandate and Dividend Declaration at Extraordinary General Meeting

GREATVIEW ASEPTIC PACKAGING COMPANY LIMITED, a Hong Kong-based company, has issued an announcement regarding an Extraordinary General Meeting to consider the granting of the Issue Mandate, Repurchase Mandate, and Extension Mandate. The proposal includes the declaration of a final dividend and the exercise of the power to issue up to 20% of the company's issued shares. The company aims to issue a maximum of 281,425,800 shares, with a minimum benchmarked price set by the Stock Exchange.

Key Takeaways:

• The Extraordinary General Meeting will consider the granting of the Issue Mandate to issue shares up to 20% of the number of issued shares.
• The company aims to issue a maximum of 281,425,800 shares, with a minimum benchmarked price set by the Stock Exchange.
• The benchmarked price will be the higher of the closing price on the date of the relevant placing agreement or the average closing price in the five trading days prior to the announcement of the placing or transaction.
• The company must comply with the then-prevailing requirements under the Listing Rules.
• The Repurchase Mandate will have an effect on the 20% limit of the Issue Mandate, and the number of shares purchased will not exceed 10% of the number of issued shares.
• The declaration of a final dividend is proposed to be put forward at the Extraordinary General Meeting.

Statistics:

• 1,407,129,000 shares are currently issued by the company.
• The maximum number of shares that can be issued under the Issue Mandate is 281,425,800.
• The minimum benchmarked price for shares issued under the Issue Mandate will be determined by the Stock Exchange.

Sources:

• GREATVIEW ASEPTIC PACKAGING COMPANY LIMITED (2025). Announcement regarding Extraordinary General Meeting. Available: https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0818/2025081801827.pdf