Henderson Land: No Share Capital Movement in March; HKD8.00 bn Convertible Bonds Could Add 226 mn Shares

Bulletin Express04-08 18:43

Henderson Land Development Company Limited submitted its monthly return to the Hong Kong Stock Exchange on 8 April 2026, confirming a stable share capital structure for the month ended 31 March 2026.

• Share Capital Stability The number of issued ordinary shares remained unchanged at 4.84 billion, with zero treasury shares outstanding. No share repurchases, cancellations, or new issues occurred during the period.

• Public Float Compliance The company affirmed compliance with the Main Board’s minimum 25% public-float requirement as at 31 March 2026.

• Outstanding Convertible Bonds Henderson Land has HKD8.00 billion of 0.5% Guaranteed Convertible Bonds due 2030 outstanding. Following an interim cash dividend adjustment, the conversion price stands at HKD35.35 per share. Full conversion would result in the issuance of up to 226.31 million new shares, equivalent to a potential dilution of approximately 4.67% of the current issued share base. No conversions were recorded during March.

• Absence of Other Equity Instruments The company reported no outstanding share options, warrants, or other equity-linked instruments, and no Hong Kong Depositary Receipts.

The disclosure underscores Henderson Land’s unchanged equity base and continued adherence to listing requirements, while highlighting the prospective share issuance tied to its outstanding convertible bonds.

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