Summary by Moomoo AI
COWELL ELECTRONICS HOLDINGS LIMITED (COWELL) FILED A NEXT DAY DISCLOSURE REPORT ON MAY 28, 2024 DISCLOSING CHANGES IN ITS ISSUED SHARE CAPITAL. According to the report, the company issued a total of 694,000 shares of ordinary shares on May 28, 2024 under the exercise of stock options by directors and others, representing approximately 0.08% of the company's shares issued prior to issuance. These shares are the exercise proceeds under the share option plan adopted on May 5, 2021. The exercise price is HKD 4.144 and HKD 4.84, and the company's closing price on the previous business day was HKD 21.1, so the margin of discount to the market value of the issue is -80.36% and -77.06%, respectively. After the issuance, the issued share capital of the company increased to 854,499,800 shares. The Company confirms that the relevant share issue has been approved by the Board of Directors and that all payments have been received in accordance with all the requirements of the Listing Rules.