FWD issues 3.62 million new shares in March; total share count reaches 1.28 billion

Bulletin Express04-09 16:41

FWD Group Holdings Limited released its monthly return for the period ended 31 March 2026, detailing marginal changes in its share capital structure.

Key points 1. Issued share capital: The number of ordinary shares in issue (excluding treasury shares) increased by 3.62 million to 1.28 billion, a month-on-month expansion of approximately 0.28%. 2. Source of new shares: All additional shares were allotted under the “Share Option and RSU Plan” adopted on 28 November 2017. No proceeds were recognised from option exercises during the month. 3. Treasury position: The company continues to hold no treasury shares; therefore, total issued shares equal outstanding shares. 4. Authorised capital: Authorised share capital remained unchanged at 1.70 billion ordinary shares with a par value of USD 0.03, equivalent to USD 51.00 million. 5. Public float: FWD confirmed compliance with the Hong Kong Main Board’s minimum 25% public-float requirement as at 31 March 2026. 6. Future issuance capacity: • Up to 117.75 million shares remain available under the Share Award Plan and Employee Share Purchase Plan adopted on 30 January 2022. • A further 18.09 million shares may be issued to satisfy outstanding awards from the 2017 Share Option and RSU Plan.

No warrants, convertibles or other equity-linked securities were outstanding or exercised during the month, and there were no changes to authorised capital or treasury share balances.

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