CSSC (Hong Kong) Shipping Company Limited (CSSC Shipping) filed its monthly return for the period ended 31 March 2026, confirming that key share-capital metrics remained stable during the month.
Issued Shares and Public Float • Total issued ordinary shares stood at 6.20 billion, unchanged from the end of February 2026. • The company held no treasury shares. • CSSC Shipping confirmed that at least 25 % of its share capital— the Main Board’s prescribed minimum—remained in public hands as of month-end.
Equity Incentive Schemes • Two tranches of options granted under the 30 April 2021 scheme remained outstanding: – 16.23 million options with an exercise price of HK$1.32, granted on 30 April 2021. – 8.49 million options with an exercise price of HK$1.15, granted on 4 April 2022. • No options were exercised, cancelled or lapsed during the month, leaving 24.72 million options outstanding. • The scheme still allows for up to 441.36 million additional shares to be issued if all future options are granted and exercised.
Convertible Bonds • The HK$2.34 billion 0.75 % guaranteed convertible bonds due 2031 (stock code: 40066) saw no conversions in March. • If fully converted at the set price of HK$2.39 per share, the bonds could add up to 978.24 million new shares to the register.
Capital Movements • Across all categories—new share issues, treasury share transfers, option exercises and bond conversions—CSSC Shipping reported zero share movements in March 2026.
Potential Dilution Snapshot • Existing share base: 6.20 billion ordinary shares. • Maximum shares from outstanding options: 24.72 million (0.40 % of current share base). • Maximum shares from full option-scheme capacity: 441.36 million (7.12 %). • Maximum shares from full bond conversion: 978.24 million (15.78 %). • Combined, the authorised equity incentives and convertible bonds could expand the share base by up to 1.42 billion shares, equivalent to an additional 22.90 % if fully exercised and converted.
Governance Confirmation The board, represented by Chairman Li Hongtao, affirmed that all activities detailed in the return complied with Hong Kong Listing Rules and relevant legal requirements, and that all public disclosures remain accurate and complete.
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