Pico Far East issues 4.20 million new shares in March on option exercises, raising HKD 5.90 million

Bulletin Express
Apr 01

Pico Far East Holdings Limited (for the month ended 31 March 2026) reported a 4.20 million-share increase in issued ordinary shares, lifting the total to 1.27 billion. The new shares—all generated from employee share-option exercises—represent c.0.33% of the enlarged share capital and brought in HKD 5.90 million in fresh equity proceeds.

Authorised capital unchanged • Authorised share capital stayed at 2.40 billion shares with a par value of HKD 0.05 each, equivalent to HKD 120.00 million. • The company held no treasury shares at month-end.

Option exercise activity • Options exercised during March were spread across five tranches: – 2.85 million shares at HKD 1.30 – 0.95 million shares at HKD 1.70 – 0.27 million shares at HKD 1.12 – 0.13 million shares at HKD 2.14 • Two option lines lapsed during the month, cancelling 0.22 million options. • Outstanding options at 31 March 2026 totalled 11.97 million shares.

Public float intact The company confirmed compliance with the Main Board’s 25% minimum public-float requirement.

No warrant issues, convertibles, share repurchases or treasury-share movements were recorded for the month.

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