MOBVISTA (HKEX: 01860) has announced that it received a conversion notice from PAGAC III Munich Holding (Cayman) Limited. The notice pertains to the conversion of convertible bonds with a principal amount of US$30 million and accrued unpaid interest of US$3.9175 million, at a conversion price of HK$5.54 per share.

As of June 2, 2026, the company has completed the allotment and issuance of 47.46 million new shares in connection with this conversion. These newly issued shares rank equally in all respects with all other existing issued shares of the company. Following this conversion, the company no longer has any outstanding convertible bonds in issue.

Upon completion of the conversion and as of the date of this announcement, the total number of issued shares of the company has increased to approximately 1.622 billion. The new shares represent about 3.01% of the company's issued share capital prior to this allotment and issuance, and approximately 2.93% of the enlarged issued share capital following the allotment and issuance of the new shares.