CROSSTEC Group Holdings(03893.HK): Full Conversion of Convertible Bonds, 149 Million New Shares Issued

NewTimeSpace · 2026/07/09 17:23 · By Xuran Lin

NewTimeSpace News: CROSSTEC Group Holdings announced on 9 July that the Company received a notice from HIL to convert the remaining principal of HK$16.4 million convertible bonds at a conversion price of HK$0.11 per share. A total of 149,090,909 conversion shares were fully issued on 9 July.

NewTimeSpace News: On 9 July 2026, CROSSTEC Group Holdings(03893.HK) issued an announcement stating that the Company received a notice from HIL to convert the outstanding principal of HK$16.4 million of HIL convertible bonds at a conversion price of HK$0.11 per share. The corresponding 149,090,909 conversion shares were fully issued on 9 July.

Upon completion, the total number of issued shares rose to 995,714,909, and the conversion shares account for approximately 14.97% of the enlarged issued share capital.

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