XXF Group Holdings Limited (XXF) filed its monthly return to the Hong Kong Stock Exchange for the period ended 31 May 2026, detailing a notable expansion in issued share capital.
Key Highlights
1. Issued Share Increase • A total of 154.69 million new ordinary shares were placed/subscribed on 19 May 2026 at HKD 0.82 per share, boosting the issued share base to 1.86 billion from 1.70 billion. • The 9.09% month-on-month expansion represents the sole movement in share capital; no treasury shares were issued or cancelled.
2. Authorised Share Capital • Authorised capital remained unchanged at 12 billion shares with a par value of HKD 0.003333, equivalent to HKD 40.00 million.
3. Public Float Compliance • XXF confirmed compliance with the Main Board’s minimum 25% public float requirement as at 31 May 2026.
4. Share Option Activity • Pre-IPO Share Option Scheme: 0.30 million options lapsed, leaving 97.32 million options outstanding. • Post-IPO Share Option Scheme: no options were granted, exercised or lapsed during the month; the scheme’s mandate allows up to 154.69 million shares to be issued in future. • No new shares were issued via option exercise and no funds were raised from option activity.
5. Treasury and Other Instruments • No warrants, convertibles, share repurchases, or treasury share transactions were recorded for the month.
Bottom Line Following the May placing, XXF’s enlarged share capital stands at 1.86 billion shares, while authorised capital remains unchanged and public float requirements are met. No other equity instruments materially affected the capital structure during the reporting period.