Tiger Brokers

Kingboard Holdings expands share capital by 13.47 million shares after option exercises

Bulletin Express
Jun 22

Kingboard Holdings Limited reported a 1.20% increase in its issued share capital following the allotment of 13.47 million new ordinary shares on 22 June 2026 under its 29 May 2019 share-option scheme.

• Breakdown of new shares – 10.15 million shares issued to company directors. – 3.32 million shares issued to employee participants.

• Financial terms – Issue price: HKD 30.89 per share. – Indicative gross proceeds: about HKD 416.09 million, based on the disclosed issue price and total shares issued.

• Capital base impact – Shares in issue (excluding treasury shares) rose from 1.108 billion to 1.122 billion. – No treasury shares were outstanding before or after the transaction, and the company reported no share repurchases or redemptions during the period.

The company secretary confirmed that the share issues were duly authorised and executed in compliance with Hong Kong listing rules and all relevant legal requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10