Allan International defers share award plan, cites HK$2-3 million cost as it works to restore public float

• Allan International deferred a proposed share award scheme aimed at supporting public float restoration, citing cost and the need to preserve financial flexibility.
• Estimated scheme costs, including trustee share purchases and administration, total HK$2 million to HK$3 million over coming years.
• Monthly talks continue with major shareholders on partial disposals, though management questioned disposals as a durable fix for public float.
• Alternative options remain under review, including issuing new shares to independent investors or a placement via an agent.
• Up to six more months may be needed to restore public float, extending the target timeline to March 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allan International Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260917-12335175), on September 17, 2026, and is solely responsible for the information contained therein.