Sun Hung Kai & Co. Limited (Stock Code: 86) announced that as of January 31, 2026, approximately 24.54% of its issued share capital is held by the public, reflecting an acquisition of around 0.52% of the company’s shares by the trustee of its Share Award Scheme. Those acquired shares have not yet been granted to participants, leading the company to rely on the Alternative Threshold under Rule 13.32B of the Listing Rules.
The board highlights that this reliance allows greater flexibility in capital management measures, such as share repurchases and share-based incentives. According to the relevant Listing Rules, a company seeking to rely on the Alternative Threshold must ensure that the market value of its publicly-held shares remains at least HK$1,000,000,000 and represents no less than 10% of its issued shares. As of the latest practicable date, the market value of Sun Hung Kai & Co. Limited’s public float stands at about HK$1,951,224,000, satisfying these requirements.
The company will continue to disclose its public float levels in monthly returns and annual reports as mandated under the Listing Rules and will monitor its public float on an ongoing basis.