Time Interconnect issues 50,000 new shares under employee scheme, expanding free float by 0.002%

Bulletin Express04-24

Time Interconnect Technology Limited disclosed a marginal expansion of its share capital following the allotment of 50,000 new ordinary shares on 24 April 2026.

The shares were issued at HKD 1.506 each pursuant to awards granted on 24 July 2023 to a non-director participant in the company’s share scheme, raising approximately HKD 0.08 million (about HKD 75,300).

This transaction increased the company’s issued share base from 2,093.34 million to 2,093.39 million shares, representing a dilution of 0.002%.

No treasury shares were held, sold, or repurchased during the period, and there are no outstanding shares pending cancellation. The board confirmed full compliance with Hong Kong Stock Exchange listing rules and other regulatory requirements.

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