TIANGONG INT'L (00826) has announced that the company, pursuant to its share option scheme adopted on May 26, 2017, has granted a total of 30 million share options to the company's directors and employees (collectively referred to as the "grantees"), which will only become effective upon acceptance by the grantees.

The grantees have the right to subscribe for ordinary shares in the company's share capital with a par value of US$0.0025 per share, representing approximately 1.10% of the 2.725 billion issued shares as of January 20, 2026 (the date of grant).

Each share option entitles the holder to subscribe for one share at an exercise price of HK$3.50 per share upon exercise of the relevant option.

The exercise price is higher than the highest of the following three items: (1) the par value of the shares; (2) the closing price of HK$3.43 per share as stated in the daily quotation sheet issued by The Stock Exchange of Hong Kong Limited on the grant date; and (3) the average closing price of HK$3.366 per share as stated in the daily quotation sheets issued by the Exchange for the five trading days immediately preceding the grant date.