Kindstar Globalgene Technology, Inc. (Kindstar Global) has released its Monthly Return for the period ended 30 September 2026, detailing modest adjustments to its share capital structure following a series of share repurchases.
Key points
1. Authorised share capital unchanged • Authorised share capital remains at 2.00 billion ordinary shares with a par value of USD 0.00025 each, equivalent to total authorised capital of USD 0.50 million.
2. Issued and treasury shares • Opening balance (31 August 2026): 1.03266 billion issued shares (excluding treasury), 8.66 million treasury shares. • Net movement in September: 809,500 shares were repurchased and transferred to treasury, reducing the outstanding share count by 0.08 % to 1.03185 billion. • Closing balance (30 September 2026): 1.03185 billion issued shares (excluding treasury) and 9.47 million treasury shares; total issued shares unchanged at 1.04133 billion.
3. Share-repurchase activity • 22 on-market repurchases were executed between 1–30 September 2026 at prices ranging from HKD 0.9124 to HKD 0.9922 per share. • Aggregate shares bought: 809,500. • Estimated total consideration: approximately HKD 0.76 million, implying an average repurchase price of roughly HKD 0.94 per share.
4. Share option position (no exercises) • Pre-IPO stock incentive plans: 2.63 million options outstanding; nil exercised during the month. • Post-IPO share option scheme (approved 22 June 2021): 50,000 options outstanding; capacity remains for up to 67.87 million additional shares to be granted. • No warrants, convertible securities, or other equity-linked instruments were issued or exercised.
5. Public-float confirmation • Kindstar Global affirmed compliance with the Main Board’s minimum 25 % public-float requirement as at 30 September 2026.
6. Governance and compliance • The company confirmed all repurchase transactions were duly authorised by the board (approval granted on 5 June 2026) and executed in accordance with Hong Kong Listing Rules and relevant regulations.
Implications The September buy-back marginally reduced Kindstar Global’s free-float share count while modestly increasing treasury shares to 0.91 % of total shares outstanding. The authorised capital headroom and sizeable ungranted option capacity provide flexibility for future equity-based incentives or fundraising, while the company’s confirmation of public-float compliance underlines adherence to listing requirements.