Q TECH Adds 4.79 Million Shares from Option Exercises in April 2026; Public Float Remains Sufficient

Bulletin Express
05/06

Q Technology (Group) Company Limited (Q TECH) reported that total issued shares (excluding treasury shares) rose 0.40% month-on-month to 1.19 billion as of 30 April 2026, following the issuance of 4.79 million new shares through employee option exercises.

The increase was driven entirely by the exercise of options under the Share Option Scheme adopted on 13 November 2014, where 4.79 million options were converted at an exercise price of HK$3.518 per share. This transaction generated HK$16.84 million in cash proceeds. The same scheme now has no outstanding options after 28,500 were cancelled during the month.

Under the newer Share Scheme approved on 28 June 2024, outstanding options decreased slightly to 13.93 million after 39,250 cancellations and 87,250 lapses. No options from this scheme were exercised in April. The programme still permits a further 104.48 million shares to be granted, with 6.95 million of those already authorised for future issuance.

Authorised share capital remained unchanged at 50 billion ordinary shares with a par value of HK$0.01 each, equivalent to HK$500.00 million. The company held no treasury shares at month-end.

Q TECH confirmed that its public float exceeded the 25% threshold required under Hong Kong Main Board Listing Rule 13.32B and that all issuances complied with applicable regulations.

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