Asiaray Keeps Issued Shares Unchanged at 484.91 Million in May; 103.24 Million Shares Remain Convertible

Bulletin Express
06/01

For the month ended 31 May 2026, Asiaray Media Group Limited reported no changes in either its authorised or issued share capital, according to its latest monthly return filed with the Hong Kong Stock Exchange.

Authorised and Issued Capital • Authorised share capital stood at 1.00 billion ordinary shares with a par value of HKD 0.10, representing HKD 100.00 million in registered capital; there was no movement during the month. • Issued share count remained at 484.91 million ordinary shares. The company held no treasury shares.

Public Float The board confirmed compliance with the Main Board’s minimum public-float requirement of 25%.

Convertible Securities Exposure Asiaray retains five tranches of perpetual subordinated convertible securities with an aggregate principal value of HKD 285.22 million. Full conversion could create up to 103.24 million new shares—approximately 21.28% of the current issued share base—at conversion prices ranging from HKD 1.40 to HKD 3.90 per share: 1. HKD 30.00 million (conversion price: HKD 3.54) – 8.47 million shares 2. HKD 20.00 million (conversion price: HKD 3.54) – 5.65 million shares 3. HKD 122.72 million (conversion price: HKD 3.90) – 31.47 million shares 4. HKD 75.00 million (conversion price: HKD 2.43) – 30.86 million shares 5. HKD 37.50 million (conversion price: HKD 1.40) – 26.79 million shares

No share options, warrants, Hong Kong Depositary Receipts, or other equity-linked instruments were issued, exercised, or cancelled during the reporting period.

The submission was signed by Company Secretary Ip Pui Sum on 1 June 2026.

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