Time Interconnect Technology boosts share capital by 0.004% through option-related issuance

Bulletin Express
Apr 09

Time Interconnect Technology Limited on 9 April 2026 issued 90,000 new ordinary shares pursuant to share awards or options granted on 24 July 2023 to a participant who is not a director. The new shares were allotted at HKD 1.506 each, implying gross proceeds of approximately HKD 0.14 million.

Following the issuance, the company’s outstanding share count rose from 2.09209 billion to 2.09218 billion shares, representing a marginal 0.004% increase in its issued share capital. There were no movements in treasury shares, and the group confirmed that no share repurchases or redemptions were outstanding as of the same date.

The board affirmed that the share issue complied with all applicable Hong Kong Stock Exchange listing rules and regulatory requirements, and that all funds due from the allotment have been duly received.

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