Hong Kong–listed SITC Issues 11.54 Million New Shares Under Share Scheme, Lifting Share Capital by 0.43%

Bulletin Express05-05

SITC International Holdings Company Limited disclosed on 5 May 2026 that it has issued a total of 11.54 million ordinary shares pursuant to its employee share scheme, increasing the company’s issued share capital by approximately 0.43% and taking the total number of shares in issue to 2.71 billion as at the same date.

The issuance comprised: 1) 3.42 million new shares allotted to a director, representing 0.13% of the pre-issue share base. 2) 8.12 million new shares granted to non-director participants, equal to 0.30% of the pre-issue share base.

All shares were issued at HKD 0.10 per share, implying aggregate gross proceeds of about HKD 1.15 million (USD 0.15 million). The new shares rank pari passu with existing ordinary shares and are already listed on the Hong Kong Stock Exchange (Stock Code: 01308).

The company confirmed that the allotments were duly authorised by the board, complied with the Hong Kong Listing Rules and all applicable laws, and that all consideration has been received in full.

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