MOMENTUM FIN (01152) issued 6.02 billion shares of convertible bonds for conversion.

MOMENTUM FIN (01152) announced on March 25, 2026 that the company has received a conversion notice from Forever Brilliance, exercising their right to convert convertible bonds with a total principal amount of HK$439.685 million at a conversion price of HK$ 0.073 per share into 6.02 billion shares of convertible stocks. In response to the exercise of the conversion rights attached to the convertible bonds, the company will issue and distribute 6.02 billion shares of convertible stocks to the subscriber in accordance with special authorization. The convertible stocks will have the same status as all existing issued shares on the distribution date and among themselves in all aspects. Following the issuance and distribution of convertible shares, the company's total issued shares will increase by 6.02 billion shares to 27.67 billion shares. The 6.02 billion convertible shares represent approximately 27.82% of the company's existing issued share capital immediately before the conversion, and approximately 21.77% of the company's expanded issued share capital after the issuance and distribution of the 6.02 billion convertible shares.