Minerva Group completes 1.14 billion-share rights issue, expanding share capital by 50%

Bulletin Express
Jul 30

Minerva Group Holding Limited finalised its rights issue on 30 July 2026, issuing 1.14 billion new ordinary shares at HKD 0.038 each on the basis of one rights share for every two existing shares held as of the record date.

The transaction increased the company’s issued share base from 2.28 billion to 3.42 billion shares, representing a 50% expansion. No treasury shares were outstanding before or after the exercise, and the company reported no repurchases or redemptions during the period.

Using the announced issue price, the allotment implies gross proceeds of roughly HKD 43.36 million. Minerva Group affirmed that the rights issue was fully authorised by its board and executed in accordance with all relevant Hong Kong Stock Exchange listing rules and regulatory requirements.

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