CONTIOCEAN's Public Float Stands at Approximately 22.73%

Stock News

Apr 09

CONTIOCEAN (02613) has announced that, as of the date of this announcement, the company's public float is approximately 22.73%, which remains below the minimum threshold of 25% as stipulated by Rule 19A.28B(1)(a) of the Listing Rules. The company is implementing a plan to restore its public float in accordance with the anticipated timeline outlined in the announcement. An application for filing has been submitted to the China Securities Regulatory Commission (CSRC), and the company will respond to any inquiries from the CSRC regarding the H-share full circulation filing documents and its appendices to secure the necessary approval. CONTIOCEAN is committed to making its best efforts to restore the public float on or before the end of August 2027.

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