RIVERINE CHINA Discloses Public Float Near Minimum Threshold

Deep News
Sep 07

RIVERINE CHINA (01417) has issued an update regarding its shareholding structure, revealing that the public float currently stands at approximately 23.85%. This figure has dipped below the 25% minimum public holding requirement stipulated under Rule 13.32B of the Hong Kong Exchange listing regulations.

As of September 4, 2026, the board was informed that the 8.218 million shares held by the trustee of the share award scheme, which represent roughly 2.03% of the company's total issued share capital as of the announcement date, should not be classified as being held by the public. This adjustment in classification has contributed to the current public float falling short of the required threshold.

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