REMT Maintains 592.60 Million Issued Shares in July 2026; Public Float Requirement Met

Bulletin Express
Aug 03

Rare Earth Magnesium Technology Group Holdings Limited (REMT) filed its Monthly Return for the period ended 31 July 2026, reporting no changes to share capital structure or treasury share position.

Authorised Capital • Authorised share capital remained at 130.00 billion ordinary shares with a par value of HKD 0.01 each, equivalent to HKD 1.30 billion.

Issued Shares and Treasury Shares • Issued shares (excluding treasury shares) stayed flat at 592.60 million. • The company held no treasury shares, and there were no share repurchases or cancellations during the month.

Public Float • REMT confirmed compliance with the Main Board’s minimum 25% public-float requirement as at 31 July 2026.

Share Option Scheme • No share options were outstanding or exercised in July. • The scheme still permits issuance of up to 22.87 million shares, subject to future grants.

Convertible Bonds • Outstanding convertible bonds, first issued on 5 August 2022, totalled HKD 442.39 million. • These instruments are convertible at HKD 0.933 per share and could generate up to 474.16 million new shares if fully converted. • No conversions occurred in July, leaving both the bond principal and potential share count unchanged.

Overall Position • With no equity issuance, conversion, or treasury share activity in July, REMT’s share capital structure and authorised limits were unchanged, underscoring capital stability for the month while maintaining regulatory compliance.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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