Trendlines Group Ltd. Completes S\$5.6 Million Share Placement to Strengthen Capital Base

Key Highlights

• Successful Placement: Trendlines Group Ltd. has completed a private placement of 83,680,000 new ordinary shares at S\$0.067 per share.
• Capital Raised: The placement raised approximately S\$5.6 million (83,680,000 x S\$0.067), strengthening the company’s capital base.
• Share Capital Expansion: The total issued and paid-up share capital increased from 1,371,813,553 shares to 1,455,493,553 shares (excluding treasury shares).
• Dilution Effect: The new shares represent around 5.75% of the enlarged share capital.
• Listing Date: The new shares are expected to be listed and quoted on the Catalist of the SGX-ST on 19 January 2026, from 9:00 a.m.

Details of the Placement

The Board of Directors of Trendlines Group Ltd. announced the completion of a proposed placement that was previously disclosed on 7 and 14 January 2026. Under the terms of the Placement Agreement, a total of 83,680,000 Placement Shares have been allotted and issued to designated subscribers at a placement price of S\$0.067 per share.

The completion of this placement marks an important milestone for the Company, as it significantly increases the Company’s cash resources and enhances its financial flexibility for future growth initiatives.

Implications for Shareholders

• Dilution: Existing shareholders will experience a dilution of approximately 5.75% in their holdings due to the increased share base.
• Share Trading: The Placement Shares, once listed, will be freely tradable on the SGX-ST Catalist board and will rank pari passu with existing shares in all respects, except that they are not entitled to dividends, rights, allotments, or other distributions with a record date on or before the completion date.
• Strengthened Financial Position: The successful capital raising may improve the company’s ability to pursue investments, fund operations, or reduce debt, potentially impacting future earnings and valuation.
• Market Impact: The listing of the new shares could affect short-term share price dynamics due to increased liquidity and possible profit-taking or portfolio rebalancing by new investors.

Other Important Information

• The Placement Shares have been duly authorised, validly issued, and credited as fully paid-up, free from encumbrances.
• The announcement was reviewed by the company’s sponsor, PrimePartners Corporate Finance Pte. Ltd., but has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST).
• For further information, shareholders and investors may contact the sponsor representative, Mr. Shervyn Essex, at PrimePartners Corporate Finance (contact details provided in the original announcement).

Conclusion

The completion of this placement is a material event for Trendlines Group Ltd. Shareholders should note the dilution of their holdings, but also the strengthened capital position of the company, which may support future growth and operational initiatives. The increased share base and improved liquidity could also impact share price performance in the coming weeks.

Disclaimer: This article is prepared for informational purposes only and does not constitute investment advice. Investors are encouraged to conduct their own due diligence and consult with professional advisors before making investment decisions. The Singapore Exchange Securities Trading Limited takes no responsibility for the content of this article.

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