Momentum Financial expands share base by 27.82% through HK$43.97 million bond conversion
Bulletin Express
Mar 30
Momentum Financial Holdings Limited disclosed that 602.31 million ordinary shares were issued on 30 March 2026 following the conversion of convertible bonds with an aggregate principal amount of HK$43.97 million, originally issued on 18 November 2025 at an initial conversion price of HK$0.073 per share.
The additional shares increased Momentum Financial’s issued share capital from 2.16 billion to 2.77 billion, representing a 27.82% enlargement of the share base. No treasury shares were outstanding or affected by the transaction.
The company confirmed that the share issuance was duly authorised by the board and executed in compliance with all relevant Hong Kong Stock Exchange listing rules and regulatory requirements.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.