REMT Issues 96 Million New Shares via General Mandate, Expanding Free Float for September 2026

Bulletin Express
Oct 05

Rare Earth Magnesium Technology Group Holdings Limited (REMT) reported a notable expansion in its share base for the month ended 30 September 2026, according to its latest Monthly Return filed with Hong Kong Exchanges and Clearing Limited.

Issued Share Capital • The company’s issued ordinary share count rose by 96.00 million during the month, climbing to 688.60 million from 592.60 million. • The increase stems entirely from a placing of new shares under the existing general mandate completed on 8 September 2026. • No treasury shares were outstanding before or after the transaction.

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

Financing Instruments and Dilution Potential • Share option pool: 22.87 million options remain available for future grant; no option exercises occurred in September. • Convertible bonds: HKD 442.39 million in principal amount is outstanding, convertible at HKD 0.933 per share into up to 474.16 million new shares; no conversions were recorded during the month.

Regulatory Compliance • REMT confirmed that it met the Main Board’s minimum public-float requirement of 25 percent as at 30 September 2026. • All share issuances were authorised by the board and complied with Hong Kong listing rules and relevant regulations.

Capital Structure Snapshot (30 Sep 2026) • Issued shares (ex-treasury): 688.60 million • Treasury shares: 0 • Authorised share capital: HKD 1.30 billion

The latest placement enlarges REMT’s share base by 16.2 percent month-on-month, positioning the company with additional equity capital while leaving further headroom under its sizeable authorised share pool for potential future issuances.

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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