PLOVER BAY TECH Issues 0.88 Million New Shares in August on Option Exercises; Total Share Count Reaches 1.11 Billion

Bulletin Express09-07

For the month ended 31 August 2026, Plover Bay Technologies Limited reported a modest expansion in its equity base driven entirely by employee share-option exercises.

Key Highlights • Issued share capital rose by 0.88 million shares to 1.11 billion shares, reflecting option exercises under the 2016 Share Option Scheme. • Gross proceeds from the exercise of 879,000 options amounted to HKD 3.69 million. • Authorised share capital remained unchanged at HKD 40.00 million, equivalent to 4.00 billion ordinary shares with a par value of HKD 0.01 each. • The number of outstanding share options declined to 12.05 million after 879,000 options were exercised and 200,000 options were forfeited following employee departures. • No treasury shares were held or cancelled, and the company confirmed compliance with the Hong Kong Stock Exchange’s 25 percent minimum public-float requirement.

The latest share issuance represents a 0.08 percent month-on-month increase in Plover Bay Tech’s outstanding share count, with no impact on authorised capital limits.

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