TIMELESS keeps issued shares steady at 505.93 million in May 2026; public float requirement met

Bulletin Express
Jun 02

For the month ended 31 May 2026, Timeless Resources Holdings Limited (TIMELESS) reported no movement in share capital. The number of issued ordinary shares remained unchanged at 505.93 million, with zero treasury shares on record.

TIMELESS confirmed compliance with Hong Kong’s minimum public-float threshold of 25 percent as at the month-end.

Share-based incentives: • 2013 Share Option Scheme – 5.09 million options outstanding; no exercises during the month. • 2023 Share Option Scheme – 9.75 million options outstanding; capacity to issue or transfer up to 18.38 million additional shares. No new shares were issued, and no treasury shares were utilised through option exercises, resulting in no funds raised.

The issuer reported no warrants, convertibles, share repurchases, redemptions, or other equity movements during the period.

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