Elate: Share Base Unchanged at 444.40 million; HKD 513.32 million Convertibles Remain Outstanding

Bulletin Express
Jun 01

For the month ended 31 May 2026, Elate Holdings Limited reported no changes in its equity structure. Issued ordinary shares stood constant at 444.40 million, with zero treasury shares on record.

The company confirmed full compliance with the Main Board’s 25 percent minimum public-float requirement.

Convertible financing remains the only potential source of new equity. Two tranches of convertible debentures—HKD 492.51 million at HKD 1.20 per share and HKD 20.81 million at HKD 0.305 per share—were unchanged during the month. Collectively, these instruments could generate up to 478.67 million new shares if fully converted, representing a material 107.8 percent of the current share base. No share options, warrants, or other equity-linked instruments were outstanding or exercised.

The monthly return was filed on 1 June 2026 by Company Secretary Vivian Lam.

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