Towngas Smart Energy Declares HKD0.05 Interim Dividend and Offers Scrip Alternative

Bulletin Express
Sep 11

Towngas Smart Energy Company Limited has declared an interim ordinary dividend of HKD0.05 per share for the six months ended 30 June 2026. The dividend relates to the financial year ending 31 December 2026 and will be paid primarily in cash, with shareholders granted the option to receive new shares in lieu of cash through a scrip dividend scheme.

Under the scrip alternative, the conversion price is set at HKD3.041 per share. Shareholders may elect to receive all or part of their entitlement in scrip. Any fractional entitlements arising from partial elections will be settled in cash.

Key timetable: • Ex-dividend date: 31 August 2026 • Last day to lodge transfers for entitlement determination: 1 September 2026 (16:30) • Book-closure period: 2 – 4 September 2026 • Record date: 4 September 2026 • Deadline for scrip election: 30 September 2026 (16:30) • Dividend payment and despatch of share certificates: 16 October 2026 • First day of dealing in scrip shares: 20 October 2026

No shareholder approval is required for this interim distribution. There is no withholding tax applicable to the dividend. Computershare Hong Kong Investor Services Limited will act as share registrar. The board remains chaired by Non-Executive Director Dr. the Hon. Lee Ka-kit, with Peter Wong Wai-yee serving as Chief Executive Officer.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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