PANGAEA CONNECT’s May 2026 Monthly Return Shows Stable Share Structure and Full Public Float Compliance

Bulletin Express
May 29

Pangaea Connectivity Technology Limited (PANGAEA CONNECT) filed its Monthly Return for the period ended 31 May 2026, confirming a steady share position with no capital movements during the month.

Authorised Share Capital • Authorised share capital remained unchanged at 5.00 billion ordinary shares with a par value of HKD 0.01, equivalent to HKD 50.00 million.

Issued and Treasury Shares • Issued shares (excluding treasury) closed the month at 1.172 billion, identical to the prior month. • Treasury shares held by the company totalled 22.00 million, keeping the overall issued share count at 1.194 billion. • No shares were issued, cancelled, repurchased, or transferred during May.

Public Float Status • The company confirmed compliance with the Main Board’s minimum 25 % public-float requirement as at 31 May 2026.

Share Option Scheme Activity • The Share Option Scheme adopted on 25 January 2021 reported 100.00 million options outstanding, unchanged from the previous month. • No options were exercised and no treasury shares were utilized, leaving up to 100.00 million shares potentially issuable under the scheme.

Other Securities • The company reported no warrants, convertible instruments, or other share-issuing arrangements outstanding or initiated during the month.

Overall, PANGAEA CONNECT’s May filing highlights a stable capital base with no dilution events and continued adherence to Hong Kong Listing Rule requirements.

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