CTF Services Limited Announces Adjustments to Share Options and Convertible Bonds

CTF Services Limited has announced adjustments to the exercise price and number of outstanding share options, as well as to the conversion price of its HK$850 million convertible bonds maturing in 2027. These changes follow the approval of a final dividend and a bonus issue by shareholders at the recent AGM.

The exercise price for share options has been reduced from HK$7.464 to HK$6.785, increasing the total number of outstanding options. Meanwhile, the conversion price of the bonds will be adjusted from HK$7.67 to HK$6.69 per share, effective November 25, 2025. A total of 82,810,164 shares could be issued upon full bond conversion, a 2% increase in the company's share capital.

The adjustments are in line with the company's bonus share issue and cash dividend strategy and are supported by financial advisor Ballas Capital Limited as fair and reasonable.