AI assistant
China Information Technology Development Limited Share Issue/Capital Change 2026
51312_rns_2026-05-12_18d05a70-5077-4e66-a764-08f12048dd86.pdf
Share Issue/Capital Change
Open in viewerOpens in your device viewer
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
中國信息科技發展有限公司
CHINA INFORMATION TECHNOLOGY DEVELOPMENT LIMITED
(incorporated in the Cayman Islands with limited liability)
(Stock Code: 08178)
REVISED TIMETABLE IN RELATION TO (1) PROPOSED RIGHTS ISSUE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING SHARES HELD ON THE RECORD DATE ON A NON-UNDERWRITTEN BASIS; AND (2) PLACING OF PLACING SHARES IN CONNECTION WITH THE RIGHTS ISSUE
Reference is made to the announcements (the "Announcements") of China Information Technology Development Limited (the "Company") dated 13 April 2026 and 21 April 2026 in relation to the (1) proposed Rights Issue on the basis of one (1) Rights Share for every two (2) existing Shares held on the Record Date on a non-underwritten basis; and (2) Placing of Placing Shares in connection with the Rights Issue. Unless the context otherwise requires, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements.
The expected timetable of the proposed Rights Issue, Placing and the associated trading arrangement is expected to be revised as follows:
| Event | Time and Date |
|---|---|
| Expected despatch date of the circular, proxy form and the notice of the EGM | Wednesday, 13 May 2026 |
| Latest time for lodging transfer of the Shares to qualify for attendance and voting at the EGM | 4:30 p.m., Wednesday, 20 May 2026 |
| Closure of register of members for determination of the right to attend and vote at the EGM (both days inclusive) | Thursday, 21 May 2026 to Thursday, 28 May 2026 |
| Latest time for lodging proxy forms for the EGM | 3:30 p.m., Tuesday, 26 May 2026 |
| Record date for attendance and voting at the EGM | Thursday, 28 May 2026 |
Expected time and date of the EGM ……………………………… 3:30 p.m., Thursday, 28 May 2026
Announcement of the poll results of the EGM ……………………………… Thursday, 28 May 2026
Register of members re-opens ………………………………………………………… Friday, 29 May 2026
Last day of dealings in the Shares on a cum-rights basis of the Rights Issue ………………………………………………………… Friday, 29 May 2026
First day of dealings in the Shares on an ex-rights basis of the Rights Issue ………………………………………………………… Monday, 1 June 2026
Latest time for lodging transfer documents of the Shares in order to qualify for the Rights Issue ……………………………… 4:30 p.m., Tuesday, 2 June 2026
Closure of register of members for the Rights Issue (both days inclusive) ………………………………………………………… Wednesday, 3 June 2026 to Wednesday, 10 June 2026
Record Date for determining entitlements under the Rights Issue ………………………………………………………… Wednesday, 10 June 2026
Register of members of the Company reopens ………………………………………………………… Thursday, 11 June 2026
Despatch of Prospectus Documents (including the PAL and the Prospectus) (in the case of the Excluded Shareholders, the Prospectus only) ………………………………………………………… Thursday, 11 June 2026
First day of dealing in nil-paid Rights Shares ………………………………………………………… Monday, 15 June 2026
Latest time for splitting the PALs ……………………………………………………………… 4:30 p.m., Wednesday, 17 June 2026
Last day of dealing in nil-paid Rights Shares ………………………………………………………… Tuesday, 23 June 2026
Latest time for Acceptance of and payment for the Rights Shares …………………………………………………… 4:00 p.m., Friday, 26 June 2026
Announcement of results of the Rights Issue including the number of Placing Shares subject to the Placing ………………………………………………………… Tuesday, 7 July 2026
Commencement of placing of Placing Shares (if any) by the Placing Agent ………………………………………………………… Wednesday, 8 July 2026
— 2 —
— 3 —
Latest time for the Placing Agent to place the Placing Shares... 4:00 p.m., Thursday, 23 July 2026
Latest time for Termination of the Placing Agreement... 5:00 p.m., Friday, 24 July 2026
Announcement of the results of the Rights Issue
(including results of the placing of the Unsubscribed Rights Shares and the NQS Unsold Rights Shares and the amount of the Net Gain per Unsubscribed Rights Share and the NQS Unsold Rights Shares)... Thursday, 30 July 2026
Despatch of share certificates for fully-paid Rights Shares... Friday, 31 July 2026
Despatch of refund cheques if the Rights Issue does not proceed... Friday, 31 July 2026
Commencement of dealings in fully-paid Rights Shares... Monday, 3 August 2026
Expected payment date of the Net Gain to the No Action Shareholder... Friday, 7 August 2026
All times and dates stated in this announcement refer to Hong Kong local times and dates. Dates or deadlines specified in the expected timetable above are indicative only and may be extended, amended or varied by the Company. Any changes to the expected timetable will be published or notified to the Shareholders as and when appropriate.
By order of the Board
China Information Technology Development Limited
Wong King Shiu, Daniel
Chairman and Chief Executive Officer
Hong Kong, 12 May 2026
As at the date of this announcement, the Board comprises Mr. Wong King Shiu, Daniel (Chairman and Chief Executive Officer), Mr. Chu Joshua Allen Kiu Wah and Mr. So Han Meng Julian as executive Directors; Mr. Li Sai Wing, MH, JP and Ms. Leung Kar Ming, MH, as non-executive Directors and Mr. Wong Hoi Kuen, Mr. Chu Wun Chiu and Ms. Dodo Chan as independent non-executive Directors.
This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.
This announcement will be available on the Company's website http://www.citd.com.hk and will remain on the "Latest Listed Company Information" page on the Stock Exchange's website at http://www.hkexnews.hk for at least 7 days from the date of its posting.
— 4 —