Frontage Adds 1.50 Million Shares in March Following Option Exercises; Issued Share Base Reaches 2.04 Billion

Bulletin Express
04/09

Frontage Holdings Corporation (Frontage) reported a net issuance of 1.50 million ordinary shares during March 2026, lifting its total outstanding share count to 2.04 billion. The rise stemmed exclusively from option exercises under the Pre-IPO Share Incentive Plan.

Authorised capital remained unchanged at 5.00 billion shares with a par value of USD 0.00001, equivalent to total authorised share capital of USD 50,000.

Share-based movements • Pre-IPO Share Incentive Plan: 1.50 million options were exercised, reducing the plan’s outstanding options to 15.45 million and generating HKD 0.58 million in proceeds. • 2018 Share Incentive Plan: 0.25 million options were cancelled, leaving 15.98 million outstanding.

Treasury and repurchases No treasury shares were held or transferred during the month. Separately, 3.54 million shares repurchased in May 2024 remain pending cancellation; these did not affect the March issued-share figure.

Public float compliance Frontage confirmed that it continued to meet the Main Board’s minimum 25 percent public-float requirement as at 31 March 2026.

As a result of the above activities, Frontage’s issued share capital (excluding treasury shares) increased to 2.04 billion, while total authorised capital and float status remained stable.

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