Yeahka (09923.HK) announced that the company issued convertible bonds with a total principal amount of USD 70 million maturing in 2027 and carrying a 6.25% coupon rate ("Convertible Bonds"). Under the terms and conditions of the Convertible Bonds, bondholders are entitled to require the company to redeem all or part of the Convertible Bonds held by them on 13 July 2024 ("Put Option Date") along with the principal amount and the accrued but unpaid interest as of the Put Option Date (excluding the day). To exercise this right, bondholders must fill out, sign and deliver a duly filled and signed Put Option Notice ("Put Option Exercise Notice") to any paying agent no earlier than 60 days but no later than 30 days prior to the Put Option Date, as well as the certificate(s) of the Convertible Bonds to be redeemed.

As of the date of this announcement, the company has received Put Option Exercise Notices from bondholders holding an aggregate principal amount of USD 35 million of Convertible Bonds who will exercise their right to require the company to redeem all of their holding Convertible Bonds ("Puttable Bonds") on 13 July 2024. The redemption will be made from internal resources of the Group and will not have any material adverse impact on the financial position of the company. Upon redemption of the Puttable Bonds, no Convertible Bonds will remain outstanding. The company will apply for the withdrawal of the listing of the Convertible Bonds on the Hong Kong Stock Exchange.