CROSSTEC issues 149.09 million new shares after bond conversion, expanding share base by 17.61%

Bulletin Express07-09

On 09 July 2026, CROSSTEC Group Holdings Limited completed the conversion of its convertible notes under the HIL Subscription Agreement dated 02 June 2025, resulting in the issue of 149.09 million ordinary shares at HKD 0.11 per share.

The new shares represent 17.61% of CROSSTEC’s pre-conversion issued share capital of 846.62 million shares recorded on 30 June 2026. Following the conversion, the company’s total issued share count rose to 995.71 million shares.

The company confirmed that the share issue was duly authorised and executed in full compliance with Hong Kong Listing Rules and all relevant regulatory requirements. No treasury share movements, share repurchases or redemptions were reported.

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