Admission To Trading on The London Stock Exchange and Completion of Secondary Listing

Rhea-AI Summary

Generation Essentials Group (NYSE and LSE: TGE) announced that its entire issued Class A ordinary share capital has been admitted to the FCA official list and to trading on the London Stock Exchange main market on December 10, 2025. The Class A shares now trade on both the New York Stock Exchange and the London Stock Exchange under the ticker TGE.

The company said the secondary listing is intended to benefit a geographically diverse shareholder base, increase trading liquidity, and strengthen its profile in the UK, Europe, and internationally. The announcement includes legal disclaimers and notes that the information is background only and not investment advice.

Positive

• Admission to FCA official list and LSE main market on December 10, 2025
• Shares now dual-listed on NYSE and LSE under ticker TGE
• Secondary listing aimed to increase trading liquidity and broaden shareholders

Negative

• None.

Market Reality Check

$1.56 Last Close

Volume Volume 225,122 is below the 20-day average of 635,676, indicating muted pre-news activity. low

Technical Price at 1.56 trades below the 200-day MA of 1.88, reflecting a weaker longer-term trend.

Peers on Argus

Key software peers such as ALTS and DSP showed gains of 8.7% and 3.77%, while HKD moved only 1.3%, suggesting today’s secondary listing news is more company-specific than sector-driven.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 05	LSE listing plan	Positive	-0.7%	Announcement of FCA-approved prospectus and planned LSE secondary listing.
Nov 10	Hotel acquisition	Positive	-9.5%	Agreement to acquire the 100th Ritz Carlton hotel in Perth.
Nov 04	Hotel brand launch	Positive	-15.4%	Board approval to develop The Art Newspaper Hotel brand and first property.
Nov 04	AI-healthcare move	Positive	-15.4%	Injection of We Doctor preferred shares to expand AI-enabled healthcare presence.
Nov 04	Lock-up extension	Positive	-15.4%	Extension of insider lock-up undertakings through November 2027.

Pattern Detected

Recent strategic and listing-related announcements have generally been followed by negative price reactions, even when the news itself appeared expansionary or supportive of liquidity.

Recent Company History

Over the last six weeks, HKD and its subsidiary TGE have reported multiple expansion initiatives, including an LSE secondary listing plan, hotel acquisitions such as the Ritz Carlton Perth, and development of The Art Newspaper Hotel brand with several planned openings. AMTD Digital also highlighted a large 1,085.9% revenue increase and a pivot into AI healthcare via We Doctor. Despite these seemingly growth-oriented steps, prior news events often saw subsequent share price declines, setting a cautious backdrop for the final admission of TGE to trading in London.

Market Pulse Summary

This announcement confirms TGE’s Class A ordinary shares have been admitted to trading on the London Stock Exchange, creating a dual listing alongside the NYSE under ticker TGE. The company highlights goals of improving liquidity and aligning with its European business footprint. In context of earlier expansion plans and acquisitions, this step continues a capital-markets-focused strategy. Investors may watch subsequent trading volumes, cross-market price behavior, and any follow-on corporate actions tied to the new listing.

Key Terms

prospectus regulatory

"relating to the approval by the UK Financial Conduct Authority (the "FCA") of a prospectus"

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

ticker symbol financial

"The Class A ordinary shares now trade on both the New York Stock Exchange and the London Stock Exchange under the ticker symbol "TGE""

A ticker symbol is a short, unique code of letters or characters that identifies a publicly traded security on an exchange — like a car’s license plate or a person’s nickname for the market. Investors use ticker symbols to look up live prices, place trades, and follow news; using the correct symbol makes sure you’re tracking or buying the intended stock, bond, or fund and helps avoid costly mix-ups.

AI-generated analysis. Not financial advice.

PARIS, NEW YORK, and LONDON, Dec. 10, 2025 /PRNewswire/ -- The Generation Essentials Group ("TGE" or the "Company", NYSE and LSE: TGE) refers to its announcement published on December 5, 2025 relating to the approval by the UK Financial Conduct Authority (the "FCA") of a prospectus for its proposed secondary listing on the London Stock Exchange plc (the "London Stock Exchange").

The Company hereby announces that the entire issued Class A ordinary share capital of the Company has today been admitted to the equity shares (commercial companies) category of the official list of the FCA and to trading on the London Stock Exchange's main market for listed securities.

The Class A ordinary shares now trade on both the New York Stock Exchange and the London Stock Exchange under the ticker symbol "TGE".

The secondary listing on the London Stock Exchange is intended to benefit the Company's geographically diverse shareholder base, increase share trading liquidity, and further establish its profile in a key growth market. The Company believes that the London listing aligns with its business presence and strategy across the UK and Europe, as well as internationally, reinforcing its commitment to these regions, and will complement its existing listing on the New York Stock Exchange.

Important legal information

The information contained in this announcement is for background purposes only and does not purport to be full or complete, nor does this announcement constitute or form part of any invitation or inducement to engage in investment activity. No reliance may be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The contents of this announcement are not to be construed as legal, financial or tax advice.

This announcement is not for release, publication or distribution, directly or indirectly, in or into any jurisdiction where, or to any person to whom, to do so would constitute a violation of applicable law or regulation.

These materials do not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any Shares or any other securities, nor shall it (or any part of it), or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefore.

The information in this announcement is subject to change. Persons viewing this announcement should ensure that they fully understand and accept the risks set out TGE's prospectus published on December 5, 2025.

Persons considering making investments should consult an authorised person specialising in advising on such investments.

For the avoidance of doubt, the contents of the Company's website are not incorporated by reference into, and do not form part of, this announcement.

About The Generation Essentials Group

The Generation Essentials Group (NYSE and LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L'Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is special purchase acquisition company (SPAC) sponsor manager in global media, entertainment, and gaming areas.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of The Generation Essentials Group with the SEC. All information provided in this announcement is as of the date of this announcement, and The Generation Essentials Group does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: tge@amtd.world

View original content:https://www.prnewswire.com/news-releases/admission-to-trading-on-the-london-stock-exchange-and-completion-of-secondary-listing-302637784.html

SOURCE The Generation Essentials Group

FAQ

When were Generation Essentials Group shares admitted to trading on the London Stock Exchange (TGE)?

The Class A ordinary shares were admitted to the FCA official list and LSE main market on December 10, 2025.

What ticker will Generation Essentials Group use on the London Stock Exchange?

The company will trade on the London Stock Exchange under the ticker TGE, the same as on the NYSE.

Why did Generation Essentials Group complete a secondary listing on the LSE?

The company said the secondary listing is intended to benefit a geographically diverse shareholder base, increase trading liquidity, and raise its UK and European profile.

Does the London listing change Generation Essentials Group's NYSE listing status?

No; the Class A ordinary shares continue to trade on the New York Stock Exchange and are now also listed on the London Stock Exchange.

Is the admission to trading on the LSE a recommendation to invest in TGE shares?

No; the announcement includes legal disclaimers stating it is background information only and not investment advice.

Where can investors find more details about risks and the LSE prospectus for TGE?

Investors are directed to review the company's prospectus published on December 5, 2025 and consult an authorised investment adviser.