Grand Field: No Equity Movements in March 2026; 20.71 Million Shares Outstanding with 30.37 Million Shares Still Convertible

Bulletin Express
Apr 08

Grand Field Group Holdings Limited reported no changes to its share capital structure for the month ended 31 March 2026.

The authorised share capital remained at HKD 500.00 million, representing 2.50 billion ordinary shares with a par value of HKD 0.20 each.

Issued share capital was unchanged at 20.71 million ordinary shares, and the company held no treasury shares. The public float continued to satisfy the minimum 25% requirement under the Hong Kong Listing Rules.

Under the 2016 share option scheme, no options were outstanding or exercised during the month. The scheme still allows for up to 1.22 million additional shares to be granted in future.

Convertible bonds with an outstanding principal of HKD 78.97 million, convertible at HKD 2.60 per share, remained unconverted in March. These bonds could generate up to 30.37 million new shares if fully converted. An earlier conversion on 16 September 2025 had already produced 8.46 million shares, reducing the original principal from HKD 100.97 million.

With no equity issuance, repurchase, or treasury share activity recorded in March, the company’s total issued share count stayed at 20.71 million.

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