Silkwave Inc. Keeps Issued Shares Steady in April; Confirms Adequate Public Float and Details Convertible Capacity

Bulletin Express05-04

Silkwave Inc. (SILKWAVE INC) filed its Monthly Return for the period ended 30 April 2026, showing no changes to its share capital structure during the month.

Authorised and Issued Capital • Authorised share capital remained at 500 billion ordinary shares with a par value of HKD 0.01 each, equivalent to HKD 5.00 billion. • Issued share capital stood unchanged at 479,762,136 ordinary shares (no treasury shares held).

Public Float Compliance • The company confirmed it met the Main Board’s 25% minimum public-float requirement as of 30 April 2026.

Equity Incentive Position • Under the 2023 Share Option Scheme (approved 28 June 2024), 8.96 million shares remain available for future grant. • No share options were outstanding, granted, exercised, or cancelled during the month, and no funds were raised from option exercises.

Convertible Notes Overview • Outstanding Convertible Notes due 2028 totalled USD 7.00 million. • No conversions occurred in April; up to 9.92 million new shares could be issued upon full conversion at an exercise price of HKD 5.489 per share.

Other Securities Activities • The company reported no warrants, additional share-issue agreements, share repurchases, or treasury-share movements during the month.

The filing was authorised by Director Chau Ngai Fung and submitted to Hong Kong Exchanges and Clearing Limited on 4 May 2026.

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