Times China Holdings Limited disclosed in its 10 July 2026 Next Day Disclosure Return that it has issued 3.07 million new ordinary shares following the conversion of two tranches of zero-coupon mandatory convertible bonds (MCB) originally issued on 28 November 2025.
• Conversion details – MCB I: 2.57 million shares issued at HKD 6 per share, expanding the share base by 0.086%. – MCB II: 0.50 million shares issued at HKD 10 per share, adding 0.017% to the capital.
• Capital impact – Opening issued shares (3 July 2026): 2.99 billion – New shares issued: 3.07 million – Closing issued shares (10 July 2026): 2.99 billion, representing a 0.10% increase.
• Treasury shares and buybacks – No treasury shares were held before or after the transactions. – The company reported no share repurchases or on-market sales of treasury shares during the period.
The conversions were authorised by the board and complied with all applicable Hong Kong Stock Exchange listing rules and regulatory requirements.
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