Reach New Holdings Sees Stable Share Capital as 78.00 Million Options Lapse in March 2026

Bulletin Express
04/02

Reach New Holdings Limited released its Monthly Return for Equity Issuer for the period ended 31 March 2026, confirming a stable capital structure and the expiry of all outstanding share options under its 2017 scheme.

Authorised and Issued Share Capital • Authorised share capital remained unchanged at 2.00 billion ordinary shares with a par value of HKD 0.01, equivalent to HKD 20.00 million. • Issued share capital was steady at 1.226 billion ordinary shares. The company held no treasury shares at month-end, mirroring the prior-month position.

Public Float • The public float continued to meet the minimum 25% threshold required under GEM Rule 17.37B, ensuring compliance with Hong Kong listing regulations.

Share Option Movements • The share option scheme adopted on 24 June 2017 recorded the lapse of its remaining 78.00 million options during March. • Following the lapse, the number of outstanding options under the scheme dropped to zero, and no new shares were issued nor treasury shares transferred. • Consequently, no capital was raised from option exercises during the month.

Other Equity Instruments • The issuer reported no activity in warrants, convertible securities, or other share-issuance agreements.

Overall, Reach New Holdings experienced no changes to its authorised or issued share capital in March 2026, while eliminating its outstanding share options, thereby simplifying its equity structure without affecting public float compliance.

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