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CMON Limited Share Issue/Capital Change 2025
50172_rns_2025-12-11_5de553ad-3490-475e-bb7f-e46bef0e2162.pdf
Share Issue/Capital Change
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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.
CMON LIMITED
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 1792)
(I) EFFECTIVE DATE OF THE SHARE CONSOLIDATION; (II) EFFECTIVE DATE OF THE CHANGE IN BOARD LOT SIZE; AND (III) ADJUSTMENTS TO SHARE OPTIONS
References are made to the circular of the Company dated 21 November 2025 regarding, among others, the Share Consolidation and the Change in Board Lot Size (the "Circular") and the announcement of the Company dated 9 December 2025 in respect of the poll results of the extraordinary general meeting of the Company held on 9 December 2025 (the "Poll Results Announcement"). Unless otherwise defined, terms used in this announcement shall have the same meanings as those defined in the Circular and the Poll Results Announcement.
(I) EFFECTIVE DATE OF THE SHARE CONSOLIDATION
The Board is pleased to announce that all the conditions of the Share Consolidation have been fulfilled and the Share Consolidation becomes effective on Thursday, 11 December 2025. Dealing in the Consolidated Shares on the Stock Exchange commences at 9:00 a.m. on Thursday, 11 December 2025.
Please refer to the Circular for the details on, among other things, the trading arrangements, the exchange of share certificates and matching services for odd lots arising in connection with the Share Consolidation. Shareholders should note that upon the Share Consolidation becoming effective, new share certificates of the Consolidated Shares in the colour of purple will be issued to the Shareholders in order to distinguish them from the existing share certificates for the Shares in the colour of yellow.
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(II) EFFECTIVE DATE OF THE CHANGE IN BOARD LOT SIZE
As a result of the Share Consolidation becoming effective, the Change in Board Lot Size comes into effect on Thursday, 11 December 2025. The board lot size for trading on the Stock Exchange changed from 70,000 Existing Shares to 2,000 Consolidated Shares.
The original counter for trading in the Consolidated Shares in the new board lot size of 2,000 Consolidated Shares re-opened at 9:00 a.m. on Thursday, 11 December 2025. For details of the trading arrangement, please refer to the Circular and the expected timetable therein.
(III) ADJUSTMENTS TO SHARE OPTIONS
As at the date of this announcement, there are outstanding share options (the "Outstanding Share Options") entitling the holders thereof to subscribe for up to an aggregate of 57,880,000 Existing Shares under the Share Option Scheme adopted by the Company on 17 November 2016. Immediately upon the Share Consolidation becoming effective, the following adjustments will be made to the exercise price of the Outstanding Share Options and the number of Consolidated Shares falling to be issued upon the exercise of the Outstanding Share Options in accordance with the terms and conditions of the Share Option Scheme and the Listing Rules.
| Date of Grant | Exercise price before adjustment (per Share) | Number of Shares to be issued upon exercise of all Share Options | Adjusted exercise price (per Consolidated Share) | Adjusted number of Consolidated Shares to be issued upon exercise of all Share Options |
|---|---|---|---|---|
| 13 August 2018 | HK$0.232 | 57,880,000 | HK$8.120 | 1,653,714 |
The adjustments to the Outstanding Share Options will be made upon the Share Consolidation becoming effective on Thursday, 11 December 2025.
As at the date of this announcement, the total number of Existing Shares available for future grant under the Share Option Scheme is 88,980,000 Existing Shares. Immediately upon the Share Consolidation becoming effective on Thursday, 11 December 2025, the total number of Shares available for future grant under the Share Option Scheme is 2,542,285 Consolidated Shares.
Grande Capital Limited, the independent financial adviser of the Company, has certified in writing that the adjustments in respect of the exercise price and the number of the Shares issuable upon full exercise of the Outstanding Share Options are in accordance with the terms and conditions under the Share Option Scheme upon completion of the Share Consolidation and appropriate, and satisfy the requirements of the Listing Rules.
By order of the Board
CMON Limited
Ng Chern Ann
Chairman, Joint Chief Executive Officer and Executive Director
Singapore, 11 December 2025
As at the date of this announcement, the executive Directors are Mr. Ng Chern Ann and Mr. David Doust; the non-executive Directors are Mr. Frederick Chua Oon Kian and Ms. Li Xuejin; and the independent non-executive Directors are Mr. Wong Yu Shan Eugene, Mr. Choy Man and Mr. Leung Yuk Hung Paul.
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