Blue Moon Group (06993): Select a minimum designated public shareholding amount to replace the threshold

According to the Zhitong Finance App, Blue Moon Group (06993) issued an announcement. According to section 13.32B of the listing rules, shares listed on the Hong Kong Stock Exchange Limited must have an open market. This generally means that, at any time, the portion of a share class listed on the Stock Exchange that is held by the public must: (1) replace at least 10% (1) of the issuer's total number of issued shares in that class (excluding treasury shares), or any lower minimum public shareholding percentage required at the time of listing under section 8.08 (1) of the listing rules (the initial designated threshold); or (2) replace (a) at least HK$1 billion in market value; and (b) replace at least 10% (b) of the issuer's total number of issued shares in that category (excluding treasury shares) threshold). Since January 1, 2026, the company has selected an alternative threshold to comply with section 13.32B of the listing rules, thereby providing the Group with greater flexibility in carrying out any corporate transactions, capital management, and employee and management share award programs.

On January 8, 2025, which is the last practical date before the publication of this announcement, the company's public shareholding market value (calculated in accordance with section 13.32A (3) of the Listing Rules) was HK$4,070 billion, not less than HK$1 billion, and the percentage of the company's public shareholding on the last effective date was approximately 20.21% of the total number of issued shares of the Company. As a result, the company complies with the alternative threshold requirements of section 13.32B (2) of the Listing Rules.