Risecomm Group boosts issued share count by 32% through loan-for-equity swap; launches HKD 128.46 million convertible bond

Bulletin Express10-06

For the month ended 30 September 2026, Risecomm Group Holdings Limited increased its issued share capital by 69.82 million shares, lifting the total outstanding ordinary shares to 285.63 million from 215.81 million at the end of August. The new shares were allotted at HKD 0.46 per share under previously announced Loan Capitalisation Agreements approved on 17 September 2026, expanding the company’s share base by 32.3%.

Authorised share capital remained unchanged at 1.00 billion ordinary shares with a par value of HKD 0.005, equivalent to HKD 5.00 million.

All 72,426 outstanding share options under the 2018 Share Option Scheme lapsed on 2 September 2026, leaving no exercisable options and generating no new shares or cash proceeds during the month.

In parallel, Risecomm issued HKD 128.46 million of five-year convertible bonds due 2029. Priced at an initial conversion rate of HKD 0.46 per share, the instruments could translate into up to 279.27 million new shares if fully converted, representing significant prospective dilution relative to the current equity base.

The company confirmed that it continued to meet the Main Board’s minimum 25% public-float requirement following the September share issuance.

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