Green Energy Group Limited announced a third supplemental letter with First Securities (HK) Limited and Future Securities Limited on 7 September 2026, pushing the Long Stop Date for its proposed share placement from 7 September 2026 to 11 September 2026. The amendment is intended to give the parties additional time to complete administrative processes and finalise documents with potential placees.
All other provisions in the original Placing Agreements remain unchanged. The placement price is set at HK$0.40 per share, representing a 10.11% discount to the HK$0.445 closing price on 7 September 2026, but a 45.99% premium to the HK$0.274 average closing price over the preceding five trading days.
Completion of the placement remains conditional upon satisfaction of the agreed conditions. The company reiterated that the transaction may or may not proceed and advised shareholders and prospective investors to exercise caution when dealing in its shares.