Pengo Holdings Group Limited reported a 5.72% month-on-month increase in its issued share base for April 2026, following the partial conversion of its 3% coupon convertible bonds due December 2026.
The number of issued ordinary shares (excluding treasury shares) rose by 60.78 million to 1.12 billion as at 30 April 2026. All additional shares were allotted at the agreed conversion price of HK $0.218 per share, stemming from the HK $13.25 million face value of bonds converted during the month.
Outstanding principal on the convertible bonds declined from HK $48.75 million to HK $35.50 million. At month-end, the remaining bonds are convertible into up to 162.84 million shares, representing a potential further dilution of approximately 14.49% of the current issued share capital.
Authorised share capital remained unchanged at 5.00 billion shares with a par value of HK $0.10 each, equivalent to HK $500.00 million. The company held no treasury shares at either the beginning or end of April.
Pengo’s public float continued to meet the Hong Kong Stock Exchange’s 25% minimum requirement. The share option scheme adopted on 26 February 2019 (amended 13 December 2022) showed 11.53 million options outstanding, with no exercises recorded during the period.
Comments