SAIMO (02571): Public Float Stands at Approximately 22.58%

Stock News01-16

SAIMO (02571) announced that, as of the date of this announcement, the company's public float is approximately 22.58%. This figure falls below the minimum threshold of 25% stipulated by Rule 19A.28B(1)(a) of the Hong Kong Stock Exchange's Listing Rules. The shortfall is attributed to 3.2262 million shares, representing approximately 2.42% of the company's total issued share capital as of the announcement date, being held by BOCI International Trustees (Hong Kong) Limited. BOCI International Trustees, acting as the trustee for the 2025 H-share incentive trust scheme adopted by the company on June 17, 2025, holds these shares for the benefit of eligible participants who are non-core connected persons. Since these shares have not yet been granted to the participants, they are not considered part of the public float.

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