REMT Issues 96 Million New Shares via General Mandate, Expanding Free Float for September 2026

Bulletin Express
10/05

Rare Earth Magnesium Technology Group Holdings Limited (REMT) reported a notable expansion in its share base for the month ended 30 September 2026, according to its latest Monthly Return filed with Hong Kong Exchanges and Clearing Limited.

Issued Share Capital • The company’s issued ordinary share count rose by 96.00 million during the month, climbing to 688.60 million from 592.60 million. • The increase stems entirely from a placing of new shares under the existing general mandate completed on 8 September 2026. • No treasury shares were outstanding before or after the transaction.

Authorised Share Capital • Authorised share capital remained unchanged at 130.00 billion ordinary shares with a par value of HKD 0.01, equivalent to HKD 1.30 billion.

Financing Instruments and Dilution Potential • Share option pool: 22.87 million options remain available for future grant; no option exercises occurred in September. • Convertible bonds: HKD 442.39 million in principal amount is outstanding, convertible at HKD 0.933 per share into up to 474.16 million new shares; no conversions were recorded during the month.

Regulatory Compliance • REMT confirmed that it met the Main Board’s minimum public-float requirement of 25 percent as at 30 September 2026. • All share issuances were authorised by the board and complied with Hong Kong listing rules and relevant regulations.

Capital Structure Snapshot (30 Sep 2026) • Issued shares (ex-treasury): 688.60 million • Treasury shares: 0 • Authorised share capital: HKD 1.30 billion

The latest placement enlarges REMT’s share base by 16.2 percent month-on-month, positioning the company with additional equity capital while leaving further headroom under its sizeable authorised share pool for potential future issuances.

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