CIFI HOLD GP(00884): The principal amount of USD 62.35 million mandatory convertible bonds will automatically and mandatorily convert to shares at the ordinary conversion price.

CIFI HOLD GP (00884) announced that the second regular compulsory conversion record date occurred on June 30, 2026. According to the trust deed, if the cumulative principal amount of compulsory convertible bonds converted by June 30, 2026, does not exceed 40% of the principal amount of the convertible bonds (equivalent to approximately 1.63 billion US dollars), a regular compulsory conversion will be triggered, and some compulsory convertible bonds will be forcibly converted. As of the second regular compulsory conversion record date, the total principal amount of compulsory convertible bonds converted by June 30, 2026, amounted to 1.568 billion US dollars, which did not exceed 1.63 billion US dollars. Therefore, the compulsory convertible bonds with a principal amount of 62.3516 million US dollars will be automatically and compulsorily converted into shares at the ordinary conversion price on the relevant regular conversion date (expected to be July 10, 2026) in accordance with the terms and conditions of the compulsory convertible bonds. Subject to the terms and conditions of the compulsory convertible bonds, the current ordinary conversion price as of the date of this announcement is HK$1.60 per share. From June 29, 2026 (including that day) to the date on which the bondholders (or any person designated by the bondholders) are registered in the company's register as the holders of the relevant shares to be issued due to conversion (including that day), compulsory convertible bondholders shall not exercise any voluntary conversion rights or request the registration of the transfer of compulsory convertible bonds.