MOMENTUM FIN (01152) issued 555 million shares through the issuance of convertible bonds.

MOMENTUM FIN (01152) announced on April 9, 2026, that the company has received conversion notices from Mr. Zhou Duanyang and Nova Pacific Investments Inc. (Nova Pacific), exercising their rights to convert convertible bonds with a total principal amount of HK$405.09 million into 5.55 billion shares of convertible stock at a conversion price of HK$0.073 per share. In response to the exercise of the conversion rights attached to the convertible bonds, the company will issue 5.55 billion shares of convertible stock to the subscribers in accordance with the special authority granted. The convertible shares will rank equally in all respects with the existing issued shares on the date of issuance. Following the issuance of the convertible shares, the total number of issued shares of the company will increase by 5.55 billion shares to 33.22 billion shares. The 5.55 billion convertible shares will represent approximately (i) 20.05% of the company's existing issued share capital immediately before the conversion, and (ii) approximately 16.70% of the company's enlarged issued share capital after the issuance of the 5.55 billion convertible shares.