GCL TECH Maintains Stable Share Base in September 2026; USD 148 Million Convertible Bonds Cover 958.56 Million Potential Shares

Bulletin Express10-05 15:00

GCL Technology Holdings Limited (GCL TECH) filed its Monthly Return for the period ended 30 September 2026, confirming an unchanged share capital structure and compliance with Hong Kong stock exchange public-float rules.

• Authorised share capital remained at 50.00 billion ordinary shares with a par value of HKD 0.10, equivalent to HKD 5.00 billion in nominal value. • Issued share capital was steady at 33.22 billion shares, comprising 32.16 billion outstanding shares and 1.06 billion treasury shares. The treasury position represents 3.19 % of total issued shares, and no share issuances, cancellations, or repurchases were recorded during the month. • Public float continued to satisfy the Main Board’s 25 % requirement.

Convertible Instruments GCL TECH has USD 148.00 million of outstanding convertible bonds, issued under the subscription agreement dated 29 April 2026. At a conversion price of HKD 1.21 per share, the bonds could generate up to 958.56 million new ordinary shares upon full conversion, equivalent to 2.98 % of authorised share capital. No conversions occurred in September.

Other Capital Movements The company reported no share options, warrants, or other share-based arrangements, and no movements were recorded under “other agreements” or “other movements” categories.

Capital Structure Snapshot (30 September 2026) – Authorised shares utilised: 66.43 % (33.22 billion issued vs. 50.00 billion authorised) – Treasury share ratio: 3.19 % of total issued shares – Potential dilution from outstanding convertible bonds: up to 2.89 % of issued share capital if fully converted (based on current outstanding shares)

The filing was submitted on 5 October 2026 by Director Yeung Man Chung, Charles, confirming adherence to all listing and regulatory requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment