Time Interconnect Technology Limited (TIME INTERCON) reported a net issuance of 0.99 million new ordinary shares in July 2026, lifting its total issued share capital (excluding treasury shares) to 2.23 billion shares as of 31 July 2026.
The increase resulted solely from the exercise of 992,000 options under the company’s share option scheme adopted on 21 March 2023. These options carried an exercise price of HK$1.506 per share and generated HK$1.49 million in gross proceeds. Following the exercise, outstanding options under the scheme declined to 90.07 million, while a further 175.06 million shares remain available for future grants.
Authorised share capital was unchanged at 3.00 billion shares with a par value of HK$0.01, equivalent to HK$30.00 million. TIME INTERCON confirmed that it continued to meet the Main Board’s minimum public-float requirement of 25% at month-end.
No movements were recorded in treasury shares, warrants, convertible securities, or other share-issuance arrangements during the period.
The July submission was filed with Hong Kong Exchanges and Clearing Limited on 3 August 2026 by Executive Director Cua Tin Yin Simon.
Comments