CSSC Shipping Adds 50,000 Shares via Option Exercise; Outstanding Convertible Bonds Equivalent to 978.24 Million Shares

Bulletin Express10-02

CSSC (Hong Kong) Shipping Company Limited reported that its issued share capital rose marginally in September 2026, driven solely by staff incentive exercises.

• Share capital movement: Issued ordinary shares increased by 50,000 to 6,204.70 million as of 30 September 2026, compared with 6,204.65 million a month earlier. There were no treasury shares before or after the period.

• Source of increase: The additional shares were generated through the exercise of options granted under the April 2021 share-option scheme at an exercise price of HKD 1.32, bringing in HKD 66,000 in cash proceeds.

• Remaining option pool: After the exercise, 19.75 million options remain outstanding under the 2021 scheme—13.99 million from the April 2021 grant and 5.76 million from the April 2022 grant. The aggregate headroom available for future grants under the scheme stands at 441.36 million shares.

• Convertible bonds: The company maintains HKD 2.34 billion 0.75 percent guaranteed convertible bonds due 2031. Full conversion would add up to 978.24 million new shares at a conversion price of HKD 2.39.

• Public float: Management confirmed compliance with the Hong Kong Stock Exchange’s minimum 25 percent public-float requirement at month-end.

No repurchases, cancellations, warrants, or other share-linked arrangements were reported during the month.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1104440091?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-02 17:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1104440091","market":"hk","top_or_hot":-1,"title":"CSSC Shipping Adds 50,000 Shares via Option Exercise; Outstanding Convertible Bonds Equivalent to 978.24 Million Shares","media":"Bulletin Express","content":"<p>CSSC (Hong Kong) Shipping Company Limited reported that its issued share capital rose marginally in September 2026, driven solely by staff incentive exercises.</p>\n<p>• Share capital movement: Issued ordinary shares increased by 50,000 to 6,204.70 million as of 30 September 2026, compared with 6,204.65 million a month earlier. There were no treasury shares before or after the period.</p>\n<p>• Source of increase: The additional shares were generated through the exercise of options granted under the April 2021 share-option scheme at an exercise price of HKD 1.32, bringing in HKD 66,000 in cash proceeds.</p>\n<p>• Remaining option pool: After the exercise, 19.75 million options remain outstanding under the 2021 scheme—13.99 million from the April 2021 grant and 5.76 million from the April 2022 grant. The aggregate headroom available for future grants under the scheme stands at 441.36 million shares.</p>\n<p>• Convertible bonds: The company maintains HKD 2.34 billion 0.75 percent guaranteed convertible bonds due 2031. Full conversion would add up to 978.24 million new shares at a conversion price of HKD 2.39.</p>\n<p>• Public float: Management confirmed compliance with the Hong Kong Stock Exchange’s minimum 25 percent public-float requirement at month-end.</p>\n<p>No repurchases, cancellations, warrants, or other share-linked arrangements were reported during the month.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CSSC Shipping Adds 50,000 Shares via Option Exercise; Outstanding Convertible Bonds Equivalent to 978.24 Million Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCSSC Shipping Adds 50,000 Shares via Option Exercise; Outstanding Convertible Bonds Equivalent to 978.24 Million Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-10-02 17:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CSSC (Hong Kong) Shipping Company Limited reported that its issued share capital rose marginally in September 2026, driven solely by staff incentive exercises.</p>\n<p>• Share capital movement: Issued ordinary shares increased by 50,000 to 6,204.70 million as of 30 September 2026, compared with 6,204.65 million a month earlier. There were no treasury shares before or after the period.</p>\n<p>• Source of increase: The additional shares were generated through the exercise of options granted under the April 2021 share-option scheme at an exercise price of HKD 1.32, bringing in HKD 66,000 in cash proceeds.</p>\n<p>• Remaining option pool: After the exercise, 19.75 million options remain outstanding under the 2021 scheme—13.99 million from the April 2021 grant and 5.76 million from the April 2022 grant. The aggregate headroom available for future grants under the scheme stands at 441.36 million shares.</p>\n<p>• Convertible bonds: The company maintains HKD 2.34 billion 0.75 percent guaranteed convertible bonds due 2031. Full conversion would add up to 978.24 million new shares at a conversion price of HKD 2.39.</p>\n<p>• Public float: Management confirmed compliance with the Hong Kong Stock Exchange’s minimum 25 percent public-float requirement at month-end.</p>\n<p>No repurchases, cancellations, warrants, or other share-linked arrangements were reported during the month.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03877","symbol_name":"中国船舶租赁","start_time":0,"source_url":"","article_id":"1104440091","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104440091","pubTimestamp":1790932327,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"CSSC (Hong Kong) Shipping Company Limited reported that its issued share capital rose marginally in September 2026, driven solely by staff incentive exercises. • Share capital movement: Issued...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03877":"中国船舶租赁"},"translate_title":"中船海运通过行权增持50,000股；相当于97,824万股股份的流通可换股债券","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03877":1},"content_text":"CSSC (Hong Kong) Shipping Company Limited reported that its issued share capital rose marginally in September 2026, driven solely by staff incentive exercises.\n• Share capital movement: Issued ordinary shares increased by 50,000 to 6,204.70 million as of 30 September 2026, compared with 6,204.65 million a month earlier. There were no treasury shares before or after the period.\n• Source of increase: The additional shares were generated through the exercise of options granted under the April 2021 share-option scheme at an exercise price of HKD 1.32, bringing in HKD 66,000 in cash proceeds.\n• Remaining option pool: After the exercise, 19.75 million options remain outstanding under the 2021 scheme—13.99 million from the April 2021 grant and 5.76 million from the April 2022 grant. The aggregate headroom available for future grants under the scheme stands at 441.36 million shares.\n• Convertible bonds: The company maintains HKD 2.34 billion 0.75 percent guaranteed convertible bonds due 2031. Full conversion would add up to 978.24 million new shares at a conversion price of HKD 2.39.\n• Public float: Management confirmed compliance with the Hong Kong Stock Exchange’s minimum 25 percent public-float requirement at month-end.\nNo repurchases, cancellations, warrants, or other share-linked arrangements were reported during the month.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1104440091","isCrawlerRequest":true}