Easyknit International proposes 2-for-1 share split via subdivision

• Easyknit set an Aug. 25 special meeting to vote on a 2-for-1 share split, cutting par value to HK$0.05 from HK$0.1.
• Share split expected to take effect Aug. 27, subject to shareholder approval, exchange listing clearance for the subdivided shares, and regulatory procedures.
• Issued share count would rise to 147,976,806 from 73,988,403, assuming no share issuance or buybacks before the meeting.
• Outstanding share options would adjust to 584,000 from 292,000; exercise price would halve to HK$ 1.995 from HK$ 3.99.
• Board cited improved liquidity; based on a HK$ 2.3 close, theoretical value per 1,000-share lot falls to HK$ 1,150 from HK$ 2,300.

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. Easyknit International Holdings Ltd. 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-20260804-12270660), on August 04, 2026, and is solely responsible for the information contained therein.