Momentum Financial Holdings Limited announced that on 9 April 2026 bondholders Mr. Zhou Duanyang and Nova Pacific Investments Inc. exercised conversion rights over HK$40.51 million principal of convertible bonds at HK$0.073 per share. The move generated 554.92 million new shares, which were allotted on 14 April 2026 under a specific mandate.

The enlarged share capital rises 20.05% from 2.77 billion to 3.32 billion shares. Post-conversion, the newly issued shares account for 16.70% of the expanded capital and rank pari passu with existing shares.

Effect on major shareholdings: • Creditors Concert Group remains the single-largest block with 602.35 million shares (18.13%), unchanged. • Mr. Zhou now holds 221.97 million shares (6.68%). • Nova Pacific owns 332.95 million shares (10.02%), ultimately controlled by Mr. Shi Haoran. • Triumph Hope Limited retains 501.33 million shares (15.09%), pledged as security for a facility held by Fighton Fund. • Public shareholders (excluding the above) hold 1.30 billion shares, representing 39.19% of the company.

Assuming full future conversion of all remaining creditor bonds, the company projects an enlarged base of 3.43 billion shares, with the Creditors Concert Group potentially rising to 20.68% ownership; public float is expected to stay above listing requirements.

Board composition remains unchanged, led by Executive Directors Mr. Cao Wenbo and Mr. Li Zilun, alongside three Independent Non-executive Directors.