Trendlines Group Ltd. Announces Proposed Placement of New Shares
Trendlines Group Ltd. Announces Proposed Placement of Up to 83,680,000 New Ordinary Shares
Key Highlights for Investors
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Proposed Placement: Trendlines Group Ltd. is moving forward with a proposed placement of up to 83,680,000 new ordinary shares at an issue price of S\$0.067 per share.
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Investors: The placement shares have been allocated to certain private investors, including Lion Global Investors Limited (LGI) acting as investment manager for its clients. The shares were introduced via both Placement and Sub-Placement Agents.
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Offering Method: The placement is being undertaken as an exempt offering under section 272B of the Securities & Futures Act, which allows the company to place shares with certain classes of investors without the need for a prospectus.
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Next Steps: The placement is subject to completion terms previously announced. PrimePartners Corporate Finance Pte. Ltd., the company’s sponsor, will apply to the Singapore Exchange (SGX-ST) for the listing and quotation of the new shares on the Catalist board.
Important Information for Shareholders
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Potential Impact on Share Price: The issuance of up to 83,680,000 new shares may have a dilutive effect on existing shareholders, as it increases the total number of shares outstanding. This could potentially impact the share price depending on market demand and valuation.
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Completion Risk: There is no certainty or assurance that the proposed placement will be completed. Shareholders and potential investors should monitor further announcements closely.
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Market Sensitivity: News of the placement, the participation of significant institutional investors like LGI, and the eventual outcome of the application to SGX-ST are all potentially price-sensitive and could move the share price.
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Ongoing Updates: The company has committed to keeping stakeholders informed of material developments and will issue further announcements as appropriate.
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Due Diligence Advised: Shareholders and potential investors are advised to exercise caution when dealing or trading in the shares and to seek advice from their financial, tax, or professional advisers if in doubt.
Additional Details
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Date of Announcement: 8 January 2026
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Company’s Sponsor: PrimePartners Corporate Finance Pte. Ltd. will manage the application process with the SGX-ST.
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Contact for Sponsor: Mr. Shervyn Essex, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, [email protected]
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Leadership: The announcement was authorized by Mr. Haim Brosh, Executive Director and Chief Executive Officer of Trendlines Group Ltd.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. The Singapore Exchange Securities Trading Limited has not examined or approved the contents of this report and assumes no responsibility for its accuracy. Investors should conduct their own due diligence and consult professional advisers before making any investment decisions.
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