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Star Group (01560) issued a total of 19 million converted shares due to conversion of convertible bonds

Zhitongcaijing·10/14/2026 04:33:03
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Zhitong Finance App News, Star Group (01560) issued an announcement. On October 13, 2026, the Company received a conversion notice from Mr. Watcharin Kunsuwan (Mr. Kunsuwan) to exercise its right to convert convertible bonds with a total principal amount of HK$45 million into 9 million converted shares at a conversion price of HK$5.00 per share; and a conversion notice issued by Mr. Lai Siu-hsuan (Mr. Lai) to exercise its right to convert the total principal amount to HK$5.00 per share HK$50 million convertible bonds were converted into 10 million convertible shares (such conversion).

According to this, 9 million shares and 10 million converted shares, which are equivalent to approximately 9.02% and 10.02% of the total number of issued shares immediately before the conversion and the conversion of controlling shareholders; and approximately 6.49% and 7.21% of the total number of issued shares expanded through allotment and issuance of converted shares (including the conversion of controlling shareholders), will be distributed and issued to Mr. Kunsuwan and Mr. Lai on October 14, 2026, respectively.