Synagistics Issues 225,000 New Shares for Director RSU Vesting; Share Count Rises to 466.38 Million

Bulletin Express07-09

Synagistics Limited disclosed on 9 July 2026 that it has issued 225,000 ordinary shares following the vesting of 50 % of the restricted stock units (RSUs) previously granted to Director Mr. John Wu under the company’s share scheme.

The new shares represent 0.048 % of Synagistics’ pre-transaction issued share capital of 466.16 million shares. Post-issuance, the company’s total issued share count increased to 466.38 million shares.

The shares were allotted with no cash consideration, reflecting the share-based remuneration structure of the RSU plan. Synagistics confirmed that the issuance was duly authorised by the board and complied with all applicable Hong Kong listing rules and legal requirements.

No share repurchases, redemptions, or on-market sales of treasury shares were reported for the period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment