Grand Field Group Maintains 20.71 Million Issued Shares in July 2026; 30.37 Million Shares Still Tied to Outstanding Convertibles

Bulletin Express
Aug 05

Grand Field Group Holdings Limited (Grand Field Group) filed its monthly return for the period ended 31 July 2026, showing no movements in either authorised or issued share capital.

Authorised Capital • Authorised share capital remained at 2.50 billion ordinary shares with a par value of HKD 0.20 each, equivalent to HKD 500.00 million. • No changes were recorded during the month.

Issued Shares and Public Float • Issued shares stood unchanged at 20.71 million, with zero treasury shares. • The company confirmed that it continued to meet the Main Board’s minimum 25% public-float requirement.

Convertible Bonds—Potential Dilution • Outstanding convertible bonds totalled HKD 78.97 million as at 31 July 2026, unchanged from the prior month. • These instruments are convertible at HKD 2.60 per share and, if fully converted, could generate up to 30.37 million new shares—representing roughly 146.70% of the current issued share base. • No conversions occurred in July; the most recent conversion was on 16 September 2025, when HKD 22.00 million in bonds produced 8.46 million shares.

No share options, warrants, HDRs, or other equity-linked instruments were issued, exercised, or cancelled during the month, and the group did not report any share repurchases or treasury-share movements.

All disclosures were authorised by Executive Director Ms Kwok Siu Wa Alison and filed with Hong Kong Exchanges and Clearing on 5 August 2026.

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