Plover Bay Technologies Limited (Plover Bay Tech) reported a net issuance of 0.55 million new ordinary shares in July 2026, lifting its total issued share capital (excluding treasury shares) to 1.10681 billion shares as at 31 July 2026. The increase—equivalent to a 0.05% month-on-month rise—resulted solely from employee share-option exercises.
Key developments for July 2026:
1. Authorised Share Capital • Remained unchanged at 4.00 billion ordinary shares with a par value of HKD 0.01, representing authorised share capital of HKD 40.00 million.
2. Issued Shares and Public Float • Opening balance (30 Jun 2026): 1.10626 billion shares. • New shares issued: 0.55 million via option exercises. • Closing balance (31 Jul 2026): 1.10681 billion shares. • No treasury shares were held; the company reconfirmed compliance with the Hong Kong Stock Exchange’s minimum 25% public-float requirement.
3. Share-Option Scheme Activity • Outstanding options at 30 Jun 2026: 13.77 million. • Exercised: 0.55 million options, generating HKD 1.64 million in proceeds. • Forfeited: 0.10 million options due to employee resignations. • Outstanding options at 31 Jul 2026: 13.12 million.
4. Other Capital Instruments • No movements reported in warrants, convertible securities, treasury shares, or other share-issuance arrangements during the month.
Plover Bay Tech’s monthly return indicates moderated equity dilution, entirely attributable to staff incentive redemptions, while confirming that overall share capital structure and public float compliance remain intact.
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