FIRST CAP GP’s April Share Capital Steady; 0.70-billion-HKD Convertibles Remain Unexercised

Bulletin Express05-04

China First Capital Group Limited (FIRST CAP GP; 01269) reported no changes to its share structure for April 2026, according to its latest Monthly Return filed with the Hong Kong Stock Exchange.

Authorised and Issued Capital • Authorised share capital stayed at 10.00 billion ordinary shares with a par value of HKD 0.10 each, representing total authorised capital of HKD 1.00 billion. • Issued share count was unchanged at 1.85 billion shares, and the company continued to hold zero treasury shares. • Management confirmed that the public float remained above the 25 % minimum required under Main Board Rule 13.32D.

Equity Incentive Schemes • A legacy option scheme (approved 19 Oct 2011) still has 10.00 million options outstanding, exercisable at HKD 1.50 per share until 15 Jun 2030; no grants, exercises, lapses or cancellations occurred during the month. • The current option scheme (approved 9 Jun 2021) has no outstanding options, while capacity remains to issue up to 100.54 million shares in future grants. • No funds were raised from option exercises in April.

Convertible Bonds • Convertible bonds totaling HKD 700.00 million were unchanged. • The conversion price is HKD 0.188 per share, implying a potential 3.72 billion new shares if fully converted. • There were no issuances, conversions, redemptions or cancellations of these bonds during the month.

Other Instruments and Movements • The company reported no warrants, Hong Kong Depositary Receipts, or other share-linked agreements. • There were no share repurchases, cancellations or additional treasury shares.

Overall, FIRST CAP GP’s share capital structure and outstanding equity-linked instruments remained stable throughout April 2026, with adequate public float and no dilution events during the period.

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