PENGO HLDG GP (ASX: 01865) has announced the issuance of new shares. The company confirmed the allotment and issue of 68,807,300 new ordinary shares. This action was taken on June 26, 2026, pursuant to the conversion of convertible bonds originally issued by the company on December 31, 2025.
The issuance is a direct result of bondholders exercising their conversion rights. The newly created shares will be fully paid and rank equally in all respects with the company's existing ordinary shares. This transaction increases the total number of issued shares for the company.
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