Momentum Financial Holdings Limited reported a significant increase in its issued share capital for the month ended 30 April 2026, driven entirely by the conversion of previously issued convertible bonds. Key take-aways are as follows:
• Issued Share Growth: The company’s outstanding ordinary shares rose by 554.92 million to 3.32 billion, a 20.06 % expansion versus the 2.77 billion shares outstanding at end-March. There are no treasury shares on the books.
• Conversion Details: All new shares originated from the partial conversion of convertible bonds issued on 18 November 2025 under a specific mandate. Bonds with a face value of HKD 40.51 million were exchanged at a fixed price of HKD 0.073 per share, aligning with the 554.92 million shares created.
• Authorised Capital Unchanged: Authorised share capital remains at 20 billion shares with a par value of HKD 0.005 each, equivalent to HKD 100 million. After April’s conversions, 16.68 billion authorised shares are still unissued.
• Public Float Compliance: The company confirmed it met the 25 % minimum public-float requirement at month-end.
• Absence of Other Equity Movements: No activity was reported in share option schemes, warrants, Hong Kong depositary receipts, or share repurchases/redemptions during the period.
The filing was submitted to Hong Kong Exchanges and Clearing Limited on 6 May 2026 and signed by Director Cao Wenbo.