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APOLLO FMG has completed the issuance of 0.195 billion shares for the share exchange.
APOLLO FMG (00860) announced that all conditions contained in the subscription agreement have been fulfilled, and the delivery will be implemented on December 18, 2024, according to the terms and conditions of the subscription agreement. After the Bonds are fully converted at the initial conversion price of HK$1.54 per share, the company will issue a maximum of 0.195 billion shares, accounting for approximately 16.00% of the total issued shares after the allotment and issuance, assuming that the total issued shares remain unchanged from the date of this announcement until the date of full conversion of the Bonds.
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