Kangda Env Maintains 2.31 Bln Outstanding Shares in May; Grants 115.00 Mln New Options

Bulletin Express
06/02

Kangda International Environmental Company Limited (Kangda Env) filed its monthly return for the period ended 31 May 2026, highlighting a stable share base and a sizeable grant of employee incentives.

Authorised and Issued Share Capital • Authorised share capital remained unchanged at 5.00 billion ordinary shares with a par value of HKD 0.01 each, equal to HKD 50.00 million. • Issued share capital was steady at 2.31 billion shares, with no treasury shares outstanding. There were no share issuances, repurchases or cancellations during the month.

Public Float • The company confirmed compliance with the Hong Kong Main Board’s minimum public-float requirement of 25% as at 31 May 2026.

Share Option Activity • On 4 May 2026, the board approved the grant of 115.00 million share options under the scheme adopted on 9 June 2025, subject to shareholder approval. • Outstanding options rose to 115.00 million at month-end, representing potential dilution capacity of approximately 5.0% of current issued shares. • No options were exercised; consequently, no new shares were issued and no funds were raised in May. • The scheme still allows for an additional 98.97 million shares to be granted in future.

Capital Structure Summary (31 May 2026) • Authorised share capital: HKD 50.00 million (5.00 billion shares). • Issued shares (excluding treasury): 2.31 billion. • Treasury shares: 0. • Potential new shares from granted options: 115.00 million.

No warrants, convertible securities, Hong Kong Depositary Receipts or other share-issuance arrangements were reported for the month.

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