Momentum Financial Issues 68.94 Million New Shares at HK$0.205, Expanding Share Capital by 2.01%

Bulletin Express
Jul 01

Momentum Financial Holdings Limited (Momentum Financial) disclosed a Next Day Disclosure Return dated 30 June 2026 detailing a placement of 68.94 million new ordinary shares under the company’s existing general mandate.

Prior to the transaction, issued shares totalled 3.43 billion. The new shares, priced at HK$0.205 each, lift the issued share count to 3.50 billion, representing a 2.01 % enlargement of the share base. The placement is expected to raise approximately HK$14.13 million in gross proceeds.

The issuance was completed in accordance with the placing agreement signed on 26 May 2026 and was confirmed by the board to be fully compliant with all applicable Hong Kong Stock Exchange listing rules and regulatory requirements. No treasury share movements, share repurchases or redemptions were reported.

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