Million Cities Holds Issued Share Base at 750 Million in March, Confirms 14.10 Million Vested Options

Bulletin Express
Apr 02

Million Cities Holdings Limited (Million Cities) reported no changes to its capital structure for the month ended 31 March 2026, according to its latest monthly return filed with Hong Kong Exchanges and Clearing Limited on 2 April 2026.

Authorized/registered capital remained unchanged at HKD 20.00 million, comprising 1.40 billion ordinary shares and 600.00 million non-convertible preference shares, both with a par value of HKD 0.01.

The company’s issued share capital was stable at 750.00 million ordinary shares, with no treasury shares held. Million Cities confirmed compliance with the Main Board’s minimum 25% public-float requirement.

No ordinary or preference shares were issued, cancelled, repurchased or redeemed during the month. There were also no movements involving warrants, convertibles or other share-issuance arrangements.

At month-end, 14.10 million share options under the approved Share Option Scheme were outstanding and fully vested. No options were exercised in March, leaving the potential share issuance from options unchanged.

Million Cities reiterated that the subscription for its previously approved non-convertible preference shares had lapsed as of 30 June 2022, resulting in zero preference shares issued to date.

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