Frontier Services Group Maintains Stable Share Capital Structure in June 2026 Monthly Return

Bulletin Express
07/03

Frontier Services Group Limited (Frontier Services) filed its Monthly Return for Equity Issuers for the period ended 30 June 2026, confirming that both authorised and issued share capital remained unchanged throughout the month. The filing was submitted to Hong Kong Exchanges and Clearing Limited on 3 July 2026.

At month-end, authorised share capital stood at 6.00 billion ordinary shares with a par value of HKD 0.10 each, equivalent to HKD 600.00 million. Issued share capital totalled 2.40 billion ordinary shares, while the company continued to hold zero treasury shares. No new shares were issued, and no shares were repurchased or cancelled during June. Consequently, Frontier Services reported no change in either issued shares or treasury shares.

The company confirmed compliance with the Main Board’s 25 percent minimum public-float requirement as at 30 June 2026.

Share-based incentives remain largely untapped. The approved share option scheme, endorsed on 28 June 2023, had no outstanding or newly granted options during the month. Nevertheless, the scheme still allows for the potential issuance of up to 24.03 million shares.

Regarding convertibles, preference shares issued by wholly owned subsidiary DVN (Group) Limited on 31 March 1999 remained unchanged at HKD 116.25 million. These instruments carry a conversion price of HKD 3.40 per share and, if fully converted, could generate up to 34.19 million new ordinary shares; however, no conversions occurred in June.

No warrants, other equity-linked instruments or Hong Kong Depositary Receipts were outstanding or transacted during the reporting period.

Overall, Frontier Services ended June 2026 with an unchanged capital base and affirmed adherence to Hong Kong listing requirements for public float sufficiency.

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