SIMPLICITY HLDG Plans 9 Sep 2026 AGM; Seeks Fresh Share Issue and Buy-back Mandates, Director Re-elections and Auditor Re-appointment

Bulletin Express
Aug 10

SIMPLICITY HLDG (Cayman-incorporated, HKEX GEM) has released its 10 August 2026 circular convening the 2026 annual general meeting (AGM) for 9 September 2026 at 11:00 a.m. in Hong Kong.

Key AGM Proposals • General Issue Mandate: Board seeks authority to allot and issue up to 20% of the issued share capital as at the meeting date, equivalent to a maximum 19.33 million new shares, based on the 96.65 million shares in issue on the latest practicable date (10 August 2026). • Share Repurchase Mandate: Directors request approval to repurchase up to 10% of issued shares, capped at 9.66 million shares. • Extension Mandate: Size of the Issue Mandate may be increased by the number of shares repurchased under the above buy-back authority. • Director Re-elections: Executive directors Mr Leung Wai Tai and Mr Zhang Qifeng, plus independent non-executive director Mr Cheung Hiu Fung, will retire by rotation and stand for re-election. • Auditor: Fan, Chan & Co. Limited is nominated for another term, with remuneration to be set by the board.

Capital Snapshot Total issued shares: 96.65 million (par value HK$0.0001). There are no present intentions disclosed to utilise the new mandates.

Timetable • Register closure for AGM voting: 4 – 9 September 2026 (both days inclusive). • Record date: 9 September 2026. • Proxy deadline: 7 September 2026, 11:00 a.m.

Voting will be conducted by poll, and mandate validity extends until the earlier of the next AGM, statutory deadline, or revocation by shareholders.

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