BEKE-W (02423) Announces February 2026 Share Capital Movements

Bulletin Express03-05

BEKE-W (02423) reported the monthly return for its equity securities as of 28 February 2026. The total authorised share capital remained at USD 0.50 million, covering two classes of WVR ordinary shares (Class A and Class B).

Class A shares outstanding rose from 3.35 billion shares to 3.39 billion shares due to an issuance of 45.00 million shares to a depositary bank for future American depositary share issuance under the company’s share incentive plans. Meanwhile, 9.86 million Class A shares were repurchased in January but not yet cancelled as of 28 February 2026. Class B shares remained unchanged at 0.14 billion shares.

The monthly update confirmed that the requirement of a 25% public float threshold for the Class A shares listed on the Hong Kong Stock Exchange has been met. Key share incentive plans included outstanding share options and restricted share units, with 9.98 million options under the 2018 Share Option Plan and 49.30 million restricted share units remaining available to be issued under the 2020 Share Incentive Plan.

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