CMON Limited (HK: 01792) filed its Monthly Return for the period ended 30 September 2026, detailing a substantial increase in issued share capital driven by the completion of its September rights issue.
Key Highlights
1. Issued Share Capital Expansion • Issued ordinary shares surged by 185.76 million to 247.68 million, a 3.0-times increase from 61.92 million at end-August. • The increase was entirely attributable to the rights issue completed on 16 September 2026, executed at HKD 0.81 per rights share. Based on the disclosed price and volume, the transaction implies gross proceeds of approximately HKD 150.46 million. • No treasury shares were held before or after the transaction.
2. Authorised Share Capital Unchanged • Authorised share capital remained at 1.00 billion ordinary shares with a par value of HKD 0.00175 each, representing total authorised capital of HKD 1.75 million. No changes occurred during the month.
3. Share Option Scheme Adjustment • Outstanding share options rose from 1.05 million to 1.16 million following post-rights-issue adjustments. • No options were exercised during the month; therefore, no new shares were issued and no funds were raised via option exercises. • The scheme permits up to 2.54 million shares to be issued upon full exercise of existing and future grants.
4. Compliance with Public Float Requirements • CMON confirmed that it met the Main Board’s minimum 25% public float threshold as of 30 September 2026.
Implications The rights issue has significantly increased CMON’s share count, potentially diluting existing holdings while strengthening the company’s capital base. With authorised capital unchanged, the firm retains capacity for future issuances within its 1.00 billion-share limit.
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