The Generation Essentials Group

Rhea-AI Summary

The Generation Essentials Group (TGE) notified the market on December 11, 2025 of its total voting rights under DTR 5. The company's issued share capital comprises 44,175,159 Class A ordinary shares (one vote each), 4,285,911 Class B ordinary shares (20 votes each), and 6,343,056 non-voting redeemable preferred shares. Par value is stated per share. The company holds no shares in treasury. Additionally, 16,220,000 warrants exercisable into Class A shares are outstanding and listed as TGE.WS on NYSE American. The Class A shares are listed on NYSE and have a secondary listing on the FCA/ LSE under TGE. The total voting rights for Class A shares is 44,175,159, which shareholders should use to assess DTR thresholds (5%, 10%, 15%, 20%, 25%, 30%, 50%, 75%).

Key Figures

Class A shares 44,175,159 shares Issued Class A ordinary shares, one vote each

Class B shares 4,285,911 shares Issued Class B ordinary shares, twenty votes each

Preferred shares 6,343,056 shares Non-voting redeemable preferred shares outstanding

Par value US$0.0000000264856557377049 per share Par value for each class of share

Warrants outstanding 16,220,000 warrants Exercisable into 16,220,000 Class A ordinary shares

Voting rights total 44,175,159 votes Total voting rights from Class A ordinary shares

DTR thresholds 5% to 75% Disclosure thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50%, 75%

52-week range $1.3601–$5.47 52-week low and high prior to this announcement

Market Reality Check

$1.55 Last Close

Volume Volume 684,103 is about in line with the 20-day average 621,587 (relative volume 1.1x). normal

Technical Price 1.55 is trading below the 200-day MA at 1.88, indicating a weaker prior trend.

Peers on Argus

Peers in the Technology / Software - Application group showed mixed moves, with names like DSP up 4.51% and APPS down 0.6%, suggesting no clear sector-wide driver linked to this TGE voting rights notice.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 05	LSE listing details	Positive	-0.7%	Outlined LSE secondary listing terms and share count with no new offering.
Nov 10	Hotel acquisition	Positive	-9.5%	Agreement to acquire Ritz Carlton Perth as 100th Ritz Carlton globally.
Nov 04	New hotel brand plan	Positive	-15.4%	Board approval to build and scale The Art Newspaper Hotel concept.
Nov 04	AI-healthcare expansion	Positive	-15.4%	Injection of We Doctor preferred shares to deepen AI-healthcare investments.
Nov 04	Lock-up extension	Positive	-15.4%	Extended lock-up undertakings limiting insider sales until November 2027.

Pattern Detected

Recent news events, including strategic initiatives and listings, were followed by negative price reactions, suggesting a pattern of selling into announcements.

Recent Company History

Over the last six weeks, HKD-linked news has focused on its subsidiary The Generation Essentials Group and broader strategic moves. On Dec 5, 2025, TGE detailed its London Stock Exchange listing structure with 44,175,159 Class A shares, followed by a -0.65% move. Earlier in November, acquisitions and new hotel brand plans coincided with declines of around -9.47% to -15.42%. Lock-up extensions and AI-healthcare expansion similarly saw negative reactions, framing today’s voting-rights clarification within a backdrop of selling on news.

Market Pulse Summary

This announcement clarified The Generation Essentials Group’s capital and voting structure, confirming 44,175,159 Class A voting shares, separate Class B and preferred shares, and 16,220,000 warrants. It also reiterated FCA DTR disclosure thresholds from 5% up to 75% of voting rights. In the context of recent LSE listing steps and strategic initiatives, investors may focus on how voting power, potential warrant exercises, and future corporate actions interact with this share structure and regulatory reporting regime.

Key Terms

warrants financial

"Additionally, 16,220,000 warrants that are exercisable into 16,220,000 Class A"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

voting rights regulatory

"The total number of voting rights attributable to the Class A Ordinary Shares is"

Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.

Disclosure Guidance and Transparency Rules regulatory

"under the FCA's Disclosure Guidance and Transparency Rules ("DTRs").As such,"

Disclosure guidance and transparency rules are the standards and regulations that require companies to share clear, timely information about their finances, risks, operations and material events. They matter to investors because consistent, honest reporting is like a car’s dashboard — it reveals the data you need to judge safety and performance and make informed buying or selling decisions. Strong disclosure reduces surprises and helps keep markets fair and efficient.

AI-generated analysis. Not financial advice.

Total Voting Rights

PARIS and NEW YORK and LONDON, Dec. 11, 2025 /PRNewswire/ -- The Generation Essentials Group ("TGE" or the "Company", NYSE and LSE: TGE) would like to notify the market of the following in accordance with DTR 5:

The Company's issued share capital consists of (i) 44,175,159 Class A ordinary shares, each carrying one vote (the "Class A Ordinary Shares"); (ii) 4,285,911 Class B ordinary shares, each carrying twenty votes (the "Class B Ordinary Shares"), and (iii) 6,343,056 non-voting redeemable preferred shares (the "Preferred Shares"), in each case, with a par value of US$0.0000000264856557377049 per share. The Company does not hold any Class A Ordinary Shares, Class B Ordinary Shares or Preferred Shares in treasury. Additionally, 16,220,000 warrants that are exercisable into 16,220,000 Class A Ordinary Shares are outstanding (the "Warrants"). The Warrants are listed on the NYSE American under the ticker symbol "TGE.WS".

The Class A Ordinary Shares are (a) listed on the New York Stock Exchange; and (b) admitted to listing in the equity shares (international commercial companies secondary listing) category of the official list of the UK Financial Conduct Authority (the "FCA") and to trading on the main market for listed securities of London Stock Exchange plc, in each case, under the ticker symbol "TGE".

The total number of voting rights attributable to the Class A Ordinary Shares is therefore 44,175,159.

The above figure (44,175,159) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Class A Ordinary Shares under the FCA's Disclosure Guidance and Transparency Rules ("DTRs").

As such, and in accordance with DTR 5, any person who holds or becomes interested in (whether directly or indirectly, or through financial instruments as defined in DTR 5.3.1R, or a combination thereof) 5% or more of the voting rights attached to the Class A Ordinary Shares, or whose holding of such voting rights reaches, exceeds, or falls below any of the thresholds of 5%, 10%, 15%, 20%, 25%, 30%, 50% or 75%, must notify (1) the Company; and (2) the Financial Conduct Authority (via the Electronic Submission System at https://marketoversight.fca.org.uk/electronicsubmissionsystem) without delay.

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/the-generation-essentials-group-302639433.html

SOURCE The Generation Essentials Group

FAQ

What total number of voting rights did The Generation Essentials Group (TGE) report on December 11, 2025?

The company reported 44,175,159 voting rights attributable to Class A ordinary shares.

How many Class A, Class B and preferred shares does TGE have outstanding as of December 11, 2025?

TGE reported 44,175,159 Class A, 4,285,911 Class B and 6,343,056 preferred shares outstanding.

How many warrants convertible into Class A shares are outstanding for TGE and what is their ticker?

There are 16,220,000 warrants exercisable into Class A shares, listed under TGE.WS on NYSE American.

Which exchanges list TGE Class A ordinary shares after the December 11, 2025 notice?

Class A ordinary shares are listed on the New York Stock Exchange and have a secondary FCA/London listing on the London Stock Exchange under TGE.

What DTR thresholds must shareholders monitor using the 44,175,159 denominator for TGE?

Shareholders must notify at thresholds of 5%, 10%, 15%, 20%, 25%, 30%, 50%, and 75% of voting rights.

How should holders notify if their TGE voting interest crosses a DTR threshold?

They must notify both the company and the Financial Conduct Authority via the FCA Electronic Submission System without delay.