Bilibili Adds 0.16 Million Class Z Shares in May 2026 via Option Exercise; Public Float Remains Compliant

Bulletin Express06-05 06:23

Bilibili Inc. (stock name: BILIBILI-W) filed its Monthly Return for the period ended 31 May 2026, detailing minor equity changes driven by employee incentive programmes while confirming continued compliance with Hong Kong Stock Exchange public-float rules.

Authorised Share Capital • Total authorised share capital stayed unchanged at USD 1.00 million, comprising 9.80 billion Class Z weighted-voting ordinary shares, 100.00 million Class Y shares and 100.00 million undesignated shares, all with a par value of USD 0.0001.

Issued Share Capital • Class Z shares in issue rose by 162,956 (0.16 million) to 337.09 million following option exercises under the 2018 Share Incentive Plan. • Class Y shares remained stable at 79.70 million. • No treasury shares were held or cancelled during the month.

Cash Inflow • Option exercises generated USD 0.42 million in proceeds during May.

Share-Based Incentive Plans • Outstanding options under the 2018 Share Incentive Plan declined to 9.92 million after 162,956 options were exercised, 41,917 cancelled and 25,000 lapsed. • A residual 2,750 options remain under the Global Share Incentive Plan. • At month-end, 7.36 million restricted share units (RSUs) were reserved under the original 2018 plan and 10.99 million RSUs under the Second Amended and Restated 2018 Plan (approved 28 June 2024).

Convertible Notes Outstanding • 2027 Convertible Senior Notes: USD 0.03 million principal outstanding, potentially convertible into 640 Class Z shares at USD 40.73 per share. • December 2026 Convertible Senior Notes: USD 13.30 million principal outstanding, equivalent to 141,537 shares at USD 93.97 per share. • 2030 Convertible Senior Notes: USD 690.00 million principal outstanding, representing 29.10 million shares at HKD 185.63 per share.

Public Float Confirmation The company affirmed that, as of 31 May 2026, the Class Z public float exceeded the Main Board’s 25 % minimum requirement.

No other share issuances, share repurchases, or treasury-share transfers occurred during the reporting month.

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