Pico Far East issues 4.20 million new shares in March on option exercises, raising HKD 5.90 million

Bulletin Express
04/01

Pico Far East Holdings Limited (for the month ended 31 March 2026) reported a 4.20 million-share increase in issued ordinary shares, lifting the total to 1.27 billion. The new shares—all generated from employee share-option exercises—represent c.0.33% of the enlarged share capital and brought in HKD 5.90 million in fresh equity proceeds.

Authorised capital unchanged • Authorised share capital stayed at 2.40 billion shares with a par value of HKD 0.05 each, equivalent to HKD 120.00 million. • The company held no treasury shares at month-end.

Option exercise activity • Options exercised during March were spread across five tranches: – 2.85 million shares at HKD 1.30 – 0.95 million shares at HKD 1.70 – 0.27 million shares at HKD 1.12 – 0.13 million shares at HKD 2.14 • Two option lines lapsed during the month, cancelling 0.22 million options. • Outstanding options at 31 March 2026 totalled 11.97 million shares.

Public float intact The company confirmed compliance with the Main Board’s 25% minimum public-float requirement.

No warrant issues, convertibles, share repurchases or treasury-share movements were recorded for the month.

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