Time Interconnect issues 1,000 new shares under employee incentive plan, nudging share base to 2.23 billion

Bulletin Express
Aug 17

Time Interconnect Technology Limited (Time Interconnect) submitted a Next Day Disclosure Return to the Hong Kong Stock Exchange on 17 August 2026, detailing a minor change in its share capital structure.

On 17 August 2026 the company allotted 1,000 new ordinary shares pursuant to an employee share scheme award originally granted on 24 July 2023. The new shares, issued at HKD 1.506 each, generated approximately HKD 1,506 in proceeds.

Following the allotment, Time Interconnect’s issued share capital rose marginally from 2,233.32 million shares to 2,233.32 million shares, representing a 0.001 % increase. No treasury shares were outstanding before or after the transaction, and the company reported no share repurchases or on-market sales of treasury shares during the period.

The board confirmed that the share issuance complied with all relevant listing rules, statutory requirements, and corporate authorisations.

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