Far East Horizon Issues 0.24 Million New Shares in March; Share Capital Rises to 4.80 Billion

Bulletin Express04-08

Far East Horizon Limited reported a net issuance of 239,187 ordinary shares in March 2026, lifting its total outstanding share count to 4.80 billion as at 31 March 2026. All new shares stemmed from employee share-option exercises, generating HKD 1.76 million in cash proceeds for the company.

Key details: • Option exercises:  – 98,000 shares issued under the 23 July 2020 option tranche (HKD 6.70 strike).  – 60,000 shares issued under the 27 July 2022 tranche (HKD 6.378 strike).  – 81,187 shares issued under the 10 August 2023 tranche (HKD 5.58 strike).

• Outstanding options: After the month-end, 164.10 million options remain outstanding across nine tranches, with a maximum of 104.17 million shares still available for future issue upon exercise.

• Convertible bonds: The company’s USD 400 million zero-coupon guaranteed convertible bonds due 2026 were unchanged in March; conversion could add up to 479,098 shares at HKD 6.48 per share.

• Treasury shares: No treasury shares were held, issued or cancelled during the period.

• Public float: The company confirmed compliance with the Hong Kong Stock Exchange’s minimum 25% public-float requirement.

Far East Horizon submitted the statutory monthly return to Hong Kong Exchanges and Clearing Limited on 8 April 2026.

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