Towngas Smart Energy's share capital rises after option exercises

Towngas Smart Energy Company Limited, a listed issuer, announced changes in its issued share capital as of October 15, 2025, through a Next Day Disclosure Return. The company's total number of issued shares increased to 3,636,709,007 from an opening balance of 3,636,439,007 on October 14, 2025. This rise is attributed to the issuance of new ordinary shares in connection with share awards and the exercise of share options.

Specifically, the company issued 120,000 new shares on October 15, 2025, at an issue price of HK$3.4 per share, representing 0.003% of the existing issued shares before the event. These shares were granted to a participant who is not a director under a share scheme and relate to exercises of share options adopted on May 26, 2022.

Additionally, another 150,000 new shares were issued on the same date at HK$3.4 per share, accounting for 0.004% of existing shares. These shares were also issued pursuant to the Share Option Scheme adopted on May 26, 2022, for a director.