Kindstar Global trims issued share base by 0.08% through HK$0.76 million September buy-backs, confirms public-float compliance

Bulletin Express
Oct 06

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.

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