Sandmartin International Holdings Limited completed a significant expansion of its share capital on 11 May 2026 through the allotment of 122.35 million new ordinary shares under a fully-subscribed 1-for-1 rights issue.

The issuance lifted the company’s outstanding share count from 123.04 million to 245.39 million, marking a 99.44% increase. All rights shares were priced at HKD 0.75 each, with confirmation that all proceeds have been received and all regulatory conditions satisfied.

No treasury shares were created or cancelled, and the company reported no repurchases or on-market sales of treasury shares during the period.

The disclosure was filed by Company Secretary Winnie Tung Wing Yee in accordance with Hong Kong Stock Exchange rules.