APOLLO FMG (00860) announced that all conditions specified in the subscription agreement have been met, and the delivery will be implemented on December 18, 2024, in accordance with the terms and conditions of the subscription agreement.
After the convertible Bonds are fully converted at the preliminary conversion price of 1.54 Hong Kong dollars per share, the company will allocate and issue up to 0.195 billion convertible shares, accounting for approximately 16.00% of the total issued shares after the allocation and issuance of convertible shares (assuming that the total number of issued shares does not change from the date of this announcement until the date of full conversion of the convertible Bonds).