SCHOLAR EDU Keeps Share Capital Unchanged in April; 673.78 Million Shares Remain Outstanding

Bulletin Express
05/04

Scholar Education Group (SCHOLAR EDU) filed its monthly return for April 2026, confirming that no changes occurred in either authorised or issued share capital during the period. Key takeaways are as follows:

1. Capital Structure Stability • Authorised share capital stayed at 1.00 million USD, representing 1.00 billion ordinary shares with a par value of USD 0.001 each. • Issued share count held steady at 673.78 million ordinary shares; the company reported zero treasury shares at month-end.

2. Public Float Compliance • The exchange-mandated public float threshold of 25 % was met as at 30 April 2026.

3. Equity Incentive Position • Share Option Scheme (adopted 3 June 2019): 18.62 million options remained outstanding; no exercises took place in April. • Share Scheme (adopted 27 February 2024): 30.56 million options remained outstanding; again, no exercises were recorded. • No proceeds were generated from option exercises during the month.

4. Repurchased Shares Pending Cancellation • A prior repurchase of 1.00 million shares (transaction date: 20 May 2025) remains pending cancellation; however, this did not affect April’s issued-share total.

5. Absence of Dilutive Instruments • The issuer had no outstanding warrants, convertible securities, or other equity-linked instruments during the month.

Overall, SCHOLAR EDU entered May 2026 with an unchanged share base, sufficient public float, and a combined 49.18 million options outstanding across its two incentive schemes.

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