Plover Bay Technologies Lifts Issued Share Count by 0.02% in March on Option Exercises

Bulletin Express04-01

Plover Bay Technologies Limited filed its monthly return for the period ended 31 March 2026, detailing minor equity movements driven by staff option exercises.

Authorised Capital Steady The company’s authorised share capital remained unchanged at 4.00 billion ordinary shares with a par value of HKD 0.01 each, equivalent to HKD 40.00 million.

Issued Shares Edge Higher • Issued shares (excluding treasury stock) increased by 194,000 to 1.105774 billion, representing a 0.02% month-on-month dilution. • No treasury shares were outstanding at either the beginning or end of the month. • Gross proceeds from option exercises totalled HKD 0.48 million.

Option Scheme Activity Under the Share Option Scheme adopted on 21 June 2016 (refreshed 17 October 2017): • 194,000 options were exercised, generating the new share issuance noted above. • 25,000 options were forfeited following employee resignations. • Outstanding options stood at 9.01 million at month-end. • A further 47.73 million shares remain available for future grants under the scheme.

Public Float Compliance Plover Bay confirmed compliance with the Main Board’s minimum 25% public-float requirement as of 31 March 2026.

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