Time Interconnect Issues 150,000 New Shares Under Share Scheme, Expanding Share Capital by 0.007%

Bulletin Express10-29 18:05

Time Interconnect Technology Limited completed a minor share issuance on 29 October 2026, allotting 150,000 new ordinary shares at HKD 1.506 each under a previously granted employee share award/option (granted on 24 July 2023).

The new shares raise the company’s outstanding share count from 2.24 billion to 2.24 billion, representing a dilution of approximately 0.007%. Treasury share balances remained unchanged, and no share repurchases or cancellations were reported.

Based on the disclosed issue price, the transaction equates to gross proceeds of roughly HKD 0.23 million. All regulatory confirmations required by the Hong Kong Stock Exchange have been provided by Executive Director Cua Tin Yin, Simon.

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