CTF Services Adjusts Share Option Terms After Scrip Dividend Issuance

Claim 70% Off TipRanks This Holiday SeasonUnlock hedge-fund level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialNWS Holdings ( (HK:0659) ) just unveiled an update. CTF Services Limited has issued and allotted 7,043,779 new shares under a scrip dividend scheme and distributed approximately HK$1.37 billion in cash to shareholders who opted to receive their final dividend for the year ended 30 June 2025 in cash. Following the issuance of the scrip shares on 23 December 2025, the company has implemented technical adjustments to the exercise price and number of outstanding, unvested share options under its 2021 share option scheme to reflect the enlarged share capital, slightly reducing the exercise price from HK$6.785 to HK$6.784 and marginally increasing the maximum number of options to 107,066,182. An independent financial adviser has confirmed that these adjustments are fair, reasonable and compliant with Hong Kong Listing Rules, helping to preserve option holders’ economic interests while maintaining regulatory alignment in the company’s equity incentive and capital management framework. The most recent analyst rating on (HK:0659) stock is a Buy with a HK$9.60 price target. To see the full list of analyst forecasts on NWS Holdings stock, see the HK:0659 Stock Forecast page. More about NWS Holdings CTF Services Limited, incorporated in Bermuda and listed in Hong Kong under stock code 00659, operates under the umbrella of NWS Holdings and is engaged in diversified services and investment activities. The company uses share option schemes and convertible bond issuances as part of its capital management and employee incentive structures, reflecting an active approach to equity-linked financing within the Hong Kong capital markets. Average Trading Volume: 2,699,707 Technical Sentiment Signal: Buy Current Market Cap: HK$33.93B Learn more about 0659 stock on TipRanks’ Stock Analysis page.