Grand Field GP (00115) announced that on September 15, 2025, the company received a conversion notice from Ms. Tsang Chi-nok regarding the exercise of conversion rights. The conversion involves outstanding convertible bonds with a principal amount of HK$22 million, converted at a conversion price of HK$2.6 per share. Upon completion of the necessary administrative procedures for the issuance and allotment of shares arising from the exercise of conversion rights, the company will allot and issue 8,461,538 conversion shares to Ms. Tsang Chi-nok pursuant to the conversion. These conversion shares will rank pari passu in all respects among themselves and with all other existing issued shares.