SMART CITY DEV Reports Stable Capital Structure in March 2026 Monthly Return

Bulletin Express04-01

Smart City Development Holdings Limited (SMART CITY DEV) submitted its Monthly Return for the period ended 31 March 2026, confirming a steady share capital position with full compliance to Hong Kong Exchange listing requirements.

The authorised share capital held firm at 800.00 million ordinary shares with a par value of HKD 0.125 each, equating to HKD 100.00 million. No increases or reductions were recorded during the month.

Issued share capital likewise remained unchanged. The company closed March with 288.00 million ordinary shares in issue and no treasury shares, reflecting zero movements in either category over the month.

SMART CITY DEV affirmed that its public float comfortably meets the minimum 25 percent threshold mandated by the GEM Listing Rules.

Under the 2025 Share Option Scheme, there were no outstanding or newly granted options as of 31 March 2026. The scheme still allows for the future issuance of up to 28.80 million shares—equivalent to roughly 10 percent of the current issued share base. The company reported no warrants, convertible instruments, or other equity-linked agreements outstanding.

The Monthly Return was filed on 1 April 2026 and signed by Executive Director Hung Kenneth.

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