Far East Horizon Limited (FE HORIZON) submitted its Monthly Return to Hong Kong Exchanges for the period ended 30 June 2026, detailing a net increase of 0.98 million ordinary shares.
Key Takeaways
1. Issued Share Movement • Outstanding ordinary shares rose by 975,041 to 4.82 billion. • No treasury shares were held or cancelled; total issued share capital now stands at 4.82 billion shares.
2. Sources of Share Increase • Share option exercises generated 495,943 new shares, raising HKD 3.41 million in cash proceeds. • Conversion of USD 400.00 million Zero-Coupon Guaranteed Convertible Bonds (due 2026) produced another 479,098 shares at a conversion price of HKD 6.48 per share.
3. Share Option Activity • Aggregate exercises during June involved 495,943 options across three grant tranches (2016, 2017 and 2023). • Post-exercise, 159.30 million options remain outstanding under eight active schemes, representing the potential issuance of up to 62.50 million additional shares if fully exercised.
4. Public Float Status • As at 30 June 2026, FE HORIZON confirmed compliance with the Main Board’s minimum 25% public float requirement.
5. Capital Structure Snapshot (30 June vs. 31 May 2026) • Issued shares (ex-treasury): increased from 4.82 billion to 4.82 billion. • Treasury shares: nil in both periods.
No movements were recorded for warrants, other convertible instruments, or Hong Kong Depositary Receipts during the month.
The filing, authorised by Company Secretary Yeung Siu Lam and lodged on 6 July 2026, affirms adherence to all applicable Hong Kong Listing Rules and regulatory requirements.
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