SJM Holdings Posts Flat Share Count for July 2026; HKD 1.91 Billion Convertible Bonds Remain Outstanding

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For the month ended 31 July 2026, SJM Holdings Limited (SJM) reported no movement in either issued or treasury shares. The company’s ordinary share count closed the period unchanged at 7.10 billion shares, with zero treasury shares on hand. Management confirmed compliance with the Main Board’s minimum public-float requirement of 25%.

Share Options • Outstanding options: 4.82 million shares, split between two tranches—1.61 million options at an adjusted exercise price of HKD 7.79 (granted June 2017) and 3.21 million options at HKD 9.59 (granted June 2018). • Activity: No options were exercised, cancelled or lapsed during the month; no new options were granted, as the Share Option Scheme lapsed in May 2019. • Potential dilution from existing options: 0.07 % of current issued shares.

Convertible Bonds • Instrument: HKD-denominated 2.0 % convertible bonds due 2027. • Principal outstanding: HKD 1.91 billion. • Adjusted conversion price: HKD 3.78 per share. • Shares issuable on full conversion: 504.23 million, equal to approximately 7.10 % of the current outstanding share base. • No conversions occurred in July 2026.

Aggregate Potential Dilution Combining the convertible bonds and outstanding options, SJM could issue up to 509.05 million new shares, implying a maximum potential dilution of roughly 7.17 % relative to the existing share capital.

Other Instruments and Movements • No warrants, additional convertibles, or other equity-linked agreements were reported. • No share repurchases, cancellations, or treasury-share transfers occurred during the period.

Administrative Details The monthly return was submitted to Hong Kong Exchanges and Clearing Limited on 5 August 2026 by Company Secretary Kwok Shuk Chong.

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