Plover Bay Tech Issues 0.02% New Shares on Option Exercises, Lifting Free Float to 1.11 Billion

Bulletin Express16:04

Plover Bay Technologies Limited disclosed that it has enlarged its share capital through the issuance of 194,000 new ordinary shares following the exercise of share options on 24 March 2026.

The newly issued shares arose from three transactions: • A director exercised 50,000 options at HKD 1.99 per share. • A non-director exercised 50,000 options at HKD 1.99 per share. • A separate non-director exercised 94,000 options at HKD 2.988 per share.

These option exercises expanded the company’s issued share base by 0.02%, from 1.11 billion to 1.11 billion shares. No treasury shares were involved, and the company reported no share repurchases or redemptions.

All issuances were authorised by the board and carried out in full compliance with Hong Kong Listing Rules and relevant legal requirements, according to the filing signed by Company Secretary Wang Yu.

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