Paladin Maintains Share Capital in May; 136.76 Million Options Lapse with No New Issuances

Bulletin Express
06/02

Paladin Limited (stock name: PALADIN) filed its Monthly Return for Equity Issuer for the period ended 31 May 2026, confirming a stable share structure and full compliance with Hong Kong’s public-float requirements.

Authorised Capital • Ordinary shares remained at 50.00 billion, each with a par value of HKD 0.01, representing authorised capital of HKD 500.00 million. • Convertible redeemable preference shares were unchanged at 1.27 billion, also at HKD 0.01 par, equal to HKD 12.70 million. • Combined authorised capital therefore stood at HKD 512.70 million, unchanged from the previous month.

Issued Shares and Public Float • Issued ordinary shares totalled 1,644.96 million with zero treasury shares, showing no change during May. • Paladin affirmed that its public float exceeded the Main Board’s minimum 25 % threshold as at 31 May 2026.

Share-Option Movements • A block of 136.76 million options granted on 30 May 2016 at an exercise price of HKD 0.321 lapsed during the month. • Two other option tranches remain outstanding: – 134.96 million options at HKD 0.296 (grant date: 23 Jun 2017) – 126.00 million options at HKD 0.179 (grant date: 9 Nov 2018) • No options were exercised; consequently, no new shares were issued and no funds were raised in May.

Other Instruments and Movements • The issuer reported no activity in warrants, convertibles, other equity-linked instruments, or treasury-share transactions.

Governance Confirmation • The company’s board and company secretary affirmed that all activities during the month complied with Hong Kong Listing Rules and relevant legal requirements.

With no changes to issued share capital and a significant tranche of options expiring, Paladin’s equity base and public-float position remain steady heading into the second half of 2026.

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