Smart Globe: May Report Shows Stable Share Base; HK$20.10 Million Convertibles Point to 1.64% Potential Dilution

Bulletin Express
Jun 01

Smart Globe Holdings Limited (SMART GLOBE, HKEX:01481) released its Monthly Return for the period ended 31 May 2026, highlighting minimal capital movements and confirming public-float compliance.

Authorised and Issued Share Capital • Authorised capital remained unchanged at 2.00 billion ordinary shares with a par value of HK$0.01, equivalent to HK$20.00 million. • Issued shares totalled 1.02 billion, identical to the prior month. No shares were issued, repurchased, or cancelled, and the company held zero treasury shares.

Public Float • Smart Globe affirmed that it meets the Main Board’s minimum 25% public-float requirement as at 31 May 2026.

Convertible Bonds—Future Dilution Watch • Outstanding convertible bonds: HK$20.10 million, issued 3 January 2025 under general mandate. • Conversion terms: HK$1.20 per share, exercisable from 3 July 2026 to 3 January 2028. • Maximum new shares upon full conversion: 16.75 million, implying potential dilution of approximately 1.64% against the current issued share base.

Other Equity Instruments • The issuer reported no movements in share options, warrants, other agreements to issue shares, or treasury-share transactions during the month.

Compliance Confirmation • The company certified that all applicable listing and regulatory requirements were met for the reporting period.

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