Comba Telecom Systems Holdings Limited: Next Day Disclosure Return

Key Points from the Disclosure

• Issuer: Comba Telecom Systems Holdings Limited
• Date of Disclosure: 12 January 2026
• Type of Disclosure: Changes in issued shares due to exercise of share options
• Stock Code: 02342
• Class of Shares: Ordinary shares

Detailed Information for Shareholders

1. Changes in Issued Shares

The company reported an increase in its issued share capital as a result of the exercise of share options under the share option scheme adopted on 3 June 2013. This is a routine corporate action but is important for shareholders to monitor, as it affects the total number of shares in issue and thus can have an impact on earnings per share and dilution.

• Opening balance (as of 8 January 2026): 3,133,665,722 shares
• New shares issued:
  • 2,000 shares issued to a participant (not a director) at HKD 2.03 per share (0.00006% of existing shares)
  • 30,000 shares issued to a director at HKD 2.03 per share (0.00096% of existing shares)
• Closing balance (as of 12 January 2026): 3,133,697,722 shares
• Total increase in issued shares: 32,000 shares
• Percentage increase in issued shares: Approximately 0.00102%
• No change in treasury shares: Treasury share balance remains at zero

2. No Share Repurchases or On-Market Sale of Treasury Shares

The report confirms that there have been no share repurchases for cancellation or on-market sale of treasury shares during this reporting period.

3. Price-Sensitive and Shareholder-Relevant Considerations

• Dilution Effect: The total new shares issued (32,000) represent a very small increase (about 0.00102%) in the company’s share capital. This is a negligible dilution and, on its own, is unlikely to materially impact the share price or shareholder value.
• Exercise Price: Both sets of options were exercised at HKD 2.03 per share, which may be relevant for investors tracking executive and employee option exercises and their potential impact on share price trends.
• Corporate Governance: The report confirms that all share issuances were properly authorized by the Board, and complied with all relevant listing rules, laws, and regulatory requirements. This is important for investor confidence in the company’s governance practices.
• Director Participation: Share options exercised by a director can sometimes be viewed as a signal of confidence in the company, but the volume here is very small.

4. Additional Notes for Investors

• The newly issued shares are identical to existing shares in all respects: same nominal value, dividend rights, transferability, and voting rights.
• No shares have been repurchased or redeemed for cancellation, nor have any treasury shares been sold on-market.
• The disclosure confirms all regulatory filings and legal requirements have been met, further supporting the company’s compliance profile.

Conclusion: Impact on Share Price

Investor Takeaway: The changes reported are routine and represent a very minor increase in the number of shares outstanding due to option exercises. The overall impact on share price and shareholder value is likely to be negligible, given the extremely small dilution. There are no other corporate actions such as share repurchases or large-scale director dealings disclosed in this report.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with professional advisers before making any investment decisions. The information provided is based on the company’s official disclosure and is subject to change without notice.

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