Sino-Ocean Group Issues 1.04 Million New Shares Upon Convertible Bond Conversion

Bulletin Express07-24

Sino-Ocean Group Holding Limited (03377) reported in a Next Day Disclosure Return dated 24 July 2026 that 1.04 million ordinary shares were allotted following the conversion of its Class B zero-coupon mandatory convertible bonds due 2027.

The new shares, issued at HKD 5.74 each, represent 0.0082 % of the company’s pre-conversion share base and translate into gross proceeds of approximately HKD 5.98 million.

Consequently, Sino-Ocean Group’s issued share capital rose from 12.66 billion to 12.66 billion shares (12,666,040,849 shares in total). The filing shows no treasury shares outstanding and records no share repurchases or treasury-share transactions during the period.

The company confirmed that the issuance was duly authorised and carried out in full compliance with Hong Kong listing rules and all relevant regulatory requirements.

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