Tasty Concepts Lifts Issued Share Capital to 481.25 Million Shares After 288.75 Million-Share Rights Issue

Bulletin Express09-03

Tasty Concepts Holding Limited (Tasty Concepts; 08096) has filed its Monthly Return for the period ended 31 August 2026, detailing a substantial expansion of its share base following the completion of a rights issue early in the month.

The group’s authorised share capital remained unchanged at 1.00 billion ordinary shares with a par value of HKD 0.10 each, equivalent to HKD 100.00 million.

Key developments during August 2026: • Rights issue: On 5 August 2026, Tasty Concepts issued 288.75 million new ordinary shares at HKD 0.10 apiece, subsequent to shareholder approval on 12 June 2026. • Issued share capital: The new shares increased the issued share count from 192.50 million to 481.25 million, marking a 150% month-on-month uplift. The newly issued shares represent approximately 60% of the enlarged share capital. • Treasury shares: The company reported no treasury shares before or after the transaction. • Public float: Management confirmed compliance with the GEM Board’s minimum 25% public-float requirement as of 31 August 2026.

Equity incentive arrangements: • Share Option Scheme (adopted 30 September 2025): 19.25 million options were outstanding at month-end, with no options exercised during August. These options, if fully vested and exercised, could further increase the company’s share capital.

Based on the stated rights-issue price of HKD 0.10 per share, the transaction implies potential gross proceeds of approximately HKD 28.88 million (USD 3.69 million). This capital injection increases Tasty Concepts’ financial flexibility while expanding its shareholder base.

Following these movements, Tasty Concepts holds 481.25 million issued ordinary shares and maintains an unchanged authorised share limit of 1.00 billion shares.

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