Mindtell Tech expands share base by 10% after HK$28.60 million bond conversion

Bulletin Express
Jun 18

Hong Kong—Mindtell Technology Limited issued 52.00 million new ordinary shares on 18 June 2026 following the exercise of conversion rights attached to its convertible bonds with an aggregate principal amount of HK$28.60 million.

The shares were allotted at HK$0.55 each, exactly matching the bond principal and implying a full conversion ratio. As a result, Mindtell Tech’s issued share capital rose to 520.00 million shares from 468.00 million shares recorded on 31 May 2026, representing a 10.00% expansion.

The company reported no treasury shares before or after the transaction, and no share repurchases or on-market sales of treasury shares were disclosed. The board confirmed that the issuance complied with all relevant Hong Kong listing rules and regulatory requirements.

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