Time Interconnect Technology issues shares for employee awards

Time Interconnect Technology Limited reported an increase in its total number of issued shares, with the closing balance as of September 1, 2025, reaching 1,956,084,000 ordinary shares. This represents a rise from the opening balance of 1,955,780,000 shares on August 31, 2025.

The change in issued shares is attributed to the issuance of 304,000 new shares in respect of share awards granted to a participant who is not a director of the issuer under a share scheme. These new shares were granted on July 24, 2023, and the changes were effective on September 1, 2025. This issuance represents a 0.016% increase compared to the existing number of issued shares before the event.

The issue price per share for these new shares was HK$1.506. The company confirmed that all money due has been received and all regulatory requirements have been met. There were no changes in treasury shares during this period.