MADISON HLDG (08057) has announced that all conditions precedent under the third share option agreement have been satisfied. The company granted share options to SRA on August 10, 2026, under the terms of the third agreement. These options allow SRA to request the company to allot and issue up to 8.5922 million option shares at an exercise price of HK$10.3 per share.

All conditions precedent under the third loan extension agreement have also been fulfilled, making the further loan extension unconditional. As a result, the maturity date for the loan owed by MADISON HLDG's indirect non-wholly owned subsidiary, Mingjiu Loan, to SRA has been extended further to September 30, 2031.