Time Interconnect Technology Limited (TIME INTERCON) disclosed a minor increase in its share capital through a Next Day Disclosure Return filed with the Hong Kong Stock Exchange on 23 October 2026.
Key details • Transaction: Issue of 17,000 new ordinary shares pursuant to a share award or option exercise by a non-director participant. • Pricing: HKD 1.506 per share. • Impact on share capital: The new shares represent approximately 0.001 % of TIME INTERCON’s pre-transaction issued share base. • Share count progression: – Opening balance (15 Oct 2026): 2,237.12 million shares. – Post-issuance balance (23 Oct 2026): 2,237.14 million shares. • No treasury shares were held or transacted, and the company reported no share repurchases or on-market sales of treasury shares during the period.
Governance confirmation The board affirmed that the issuance was duly authorized and executed in compliance with Hong Kong listing rules and relevant legal requirements, with all consideration received and securities identical in all respects to existing shares.
Implications Given the issuance accounts for just 0.001 % of outstanding shares, the transaction is immaterial to the company’s capital structure and is unlikely to exert a noticeable dilutive effect on existing shareholders.
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