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Montage Technology Raises HK$1.04 Billion via Full Exercise of Over-Allotment Option

Story Highlights
  • Montage Technology fully exercised its over-allotment option, issuing 9.88 million additional H shares and expanding its Hong Kong free float.
  • The company secured about HK$1.04 billion in extra net proceeds, with the new shares set to trade and funds used for planned growth initiatives.
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Montage Technology Raises HK$1.04 Billion via Full Exercise of Over-Allotment Option

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The latest update is out from Montage Technology Co., Ltd. Class H ( (HK:6809) ).

Montage Technology Co., Ltd. has announced the full exercise of its over-allotment option in connection with its recent global H share offering, resulting in the issuance of 9,883,500 additional H shares at HK$106.89 each. Following this move, total H shares increase from 65,890,000 to 75,773,500, slightly diluting the A share percentage while expanding the company’s free float and international shareholder base.

The Hong Kong Stock Exchange has approved listing of these over-allotment shares, with trading expected to commence on February 13, 2026, raising approximately HK$1.04 billion in additional net proceeds. The company plans to apply the funds on a pro rata basis to the same purposes as the original offering, reinforcing its capital position and supporting its strategic investment and growth plans as outlined in its prospectus.

More about Montage Technology Co., Ltd. Class H

Montage Technology Co., Ltd. is a PRC-incorporated semiconductor company whose shares are listed in both A share and H share form, giving it access to mainland Chinese and Hong Kong capital markets. The group issues H shares in Hong Kong to broaden its international investor base and support funding for its ongoing business and growth initiatives.

Average Trading Volume: 21,167,250

Current Market Cap: HK$211.1B

Find detailed analytics on 6809 stock on TipRanks’ Stock Analysis page.

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