REMT Keeps Share Base Steady in March 2026; Confirms Sufficient Public Float and No New Issuance

Bulletin Express
Apr 01

Rare Earth Magnesium Technology Group Holdings Limited (REMT) filed its Monthly Return for the period ended 31 March 2026, confirming no changes to its share structure and full compliance with Hong Kong listing requirements.

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

Issued and Treasury Shares • Issued shares stood unchanged at 592.60 million. • No treasury shares were held or cancelled. • The company affirmed it met the Main Board’s minimum 25 % public-float requirement.

Equity Incentives • No share options were exercised; therefore, issued share capital and cash proceeds were unaffected (HKD 0). • The approved 2017 Share Option Scheme still allows for up to 22.87 million additional shares to be issued.

Convertible Bonds • Convertible bonds issued on 5 August 2022 under a creditors’ scheme remained outstanding at HKD 442.39 million. • These instruments carry a conversion price of HKD 0.933 and could translate into 474.16 million new shares; no conversions occurred during March.

Other Instruments and Movements • The company reported no warrants, Hong Kong depositary receipts, or other share-related agreements in force. • No other equity movements, repurchases, or redemptions were recorded during the month.

Corporate Governance • The filing, submitted on 1 April 2026 by Company Secretary Fan Kwok Man, confirms compliance with all relevant Hong Kong Stock Exchange rules and regulatory requirements.

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