Hong Kong, October 2, 2026 / PRNewswire / -- SU Group Holdings Limited (Nasdaq ticker: SUGP) ("SU Group" or "the Company") is a comprehensive security-related engineering services company based in Hong Kong. The Company announced today that it will implement a 1-to-6 reverse stock split ("share consolidation") on its Class A common shares, with a par value of HKD 0.000005 per share. This action was approved by the Company's board of directors on September 18, 2026, and also received written approval from the majority of the Company's shareholders on the same day.
Share Consolidation
This share consolidation has been approved by the general resolution, which will merge every 6 shares of Class A common stock into 1 share of common stock. After the consolidation, the par value of each share will be HKD 0.00003. The share consolidation will take effect at 12:01 a.m. on Wednesday, October 7, 2026, Eastern Time. The company's Class A common stock will begin trading on the NASDAQ Capital Market on the same day at the split-adjusted basis. The Class A common stock will continue to trade on the NASDAQ Capital Market under the existing trading code “SUGP”, and a new trading code “G8552M158” has been assigned due to the share consolidation.
The share consolidation will reduce the number of outstanding common shares issued and in circulation from approximately 9,010,733 to about 1,501,789 shares. No fractional shares will be issued. Each shareholder will have the option to exchange any fractional shares for one consolidated share, and all fractional shares will be rounded up to the nearest whole share.
A 1-to-6 share consolidation (“ratio”) will automatically merge the existing 6 ordinary shares and convert them into 1 new ordinary share that is issued and outstanding. The company’s transfer agent, Transhare Corporation, will act as the exchange agent for the share consolidation. Registered shareholders who hold the ordinary shares before the split in electronic bookkeeping format will receive the shares after the split without taking any action. Shareholders who hold shares through brokers, banks, trusts, or other nominal holders will have their holdings automatically adjusted according to the share consolidation, depending on the processing procedures of each broker, and do not need to take any action regarding the share consolidation. Shareholders who hold physical share certificates need to send the old certificates along with a transfer letter in order to receive the new certificates after the share consolidation.
Additional information
Each unexercised or cancelled outstanding stock option, warrant, restricted stock unit, or other security convertible into ordinary shares prior to the effective date will be adjusted at a ratio of 1 to 6 in accordance with the terms of the relevant instrument or plan. The share consolidation will change the par value of ordinary shares from HKD 0.000005 to HKD 0.00003, and the number of authorized shares will also be correspondingly reduced. The trading of the company's Class A ordinary shares on NASDAQ is expected to continue without interruption, provided that it complies with NASDAQ listing requirements.
About SU Group Holdings Limited
SU Group (Nasdaq code: SUGP) is a comprehensive security-related services company that primarily provides security engineering services, security guarding, and security inspection services in Hong Kong, as well as related vocational training services. Through its subsidiary, SU Group, it has been offering turnkey services to clients for their existing infrastructure or planned development projects for over the past twenty years. The services include the design, supply, installation, and maintenance of security systems. The security systems provided by SU Group include threat detection systems, traffic and pedestrian control systems, and ultra-low voltage systems, serving private and public sectors such as commercial properties, public facilities, and residential properties in Hong Kong. For more information, please visit www.sugroup.com.hk.
Forward-looking Statements
The company makes forward-looking statements in this report that are in accordance with the definition of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties, and are based on the company's current expectations and forecasts regarding future events. The company believes that these events may affect its financial condition, operating results, business strategy, and capital needs. Words such as "may," "perhaps," "will," "is likely to result in," "should," "estimate," "plan," "expect," "predict," "intend," "anticipate," "believe," "seek," "continue," "goal," and similar expressions may be used throughout these statements. The aforementioned forward-looking statements are based on information available to the company as of the date of this report and involve significant risks and uncertainties. Due to various factors, as well as other risks and uncertainties listed in the reports submitted by the company to the U.S. Securities and Exchange Commission, actual results may differ significantly from those expressed or implied in this report. The company assumes no obligation to update forward-looking statements as a result of new information, future events, or developments.
