CSSC (Hong Kong) Shipping (03877) Publishes Monthly Return as of 31 January 2026

Bulletin Express02-06

CSSC (Hong Kong) Shipping (03877) reported a total of 6,200,058,904 issued ordinary shares at the close of 31 January 2026, reflecting an increase of 834,500 shares from the previous month. The company confirmed compliance with the 25% public float requirement. There is no authorised share capital or par value of shares in its share capital.

During January, a combined total of 834,500 new shares were issued through the exercise of share options under the share option scheme adopted on 30 April 2021. These options generated HKD 1,051,475 in proceeds. Two separate grants under the scheme, with respective exercise prices of HKD 1.32 and HKD 1.15, accounted for the new share issuances.

The announcement also confirmed the issuance of HKD 2,338 million in 0.75% guaranteed convertible bonds due 2031 (stock code 40066) under a general mandate at a conversion price of HKD 2.39, convertible into up to 978,242,677 ordinary shares. No shares have yet been issued or transferred from treasury under these convertible bonds.

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.

Comments

We need your insight to fill this gap
Leave a comment