Time Interconnect issues 160,000 new shares under employee scheme, lifting share capital to 2.23 billion

Bulletin Express07-28

Time Interconnect Technology Limited (Time Interconnect) disclosed on 28 July 2026 that it has allotted 160,000 new ordinary shares pursuant to share awards or options granted on 24 July 2023 to a participant who is not a director. The shares were issued at HKD 1.506 each, implying gross proceeds of approximately HKD 0.24 million.

The new shares represent 0.007 % of the company’s pre-issue share base of 2.23 billion shares. Following the issuance, Time Interconnect’s outstanding share capital increased marginally from 2.23308 billion to 2.23324 billion shares. No treasury shares were held, transferred, sold or cancelled during the period, and no share repurchases were reported.

The board confirmed that the transaction complied with all applicable Hong Kong Stock Exchange listing rules and regulatory requirements. The filing was signed by Executive Director Cua Tin Yin, Simon.

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