Country Garden Issues 0.001% New Shares After Mandatory Convertible Bond Conversion

Bulletin Express08-05 16:45

Country Garden Holdings Company Limited (Country Garden) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 05 August 2026, reporting a minor expansion of its share capital due to the conversion of mandatory convertible bonds.

• Share conversion details On 05 August 2026, holders of the zero-coupon mandatory convertible bonds issued on 30 June 2025 (maturity: 78 months, “MCB (A)”) converted 445,149 bonds into an equal number of ordinary shares at HKD 2.60 per share.

• Impact on share base – Opening issued shares (30 July 2026): 46.51 billion – New shares issued: 0.45 million – Closing issued shares (05 August 2026): 46.51 billion – Percentage increase: 0.001%

• Treasury shares Country Garden reported no treasury shares before or after the transaction.

The conversion was duly authorised by the board and executed in compliance with Hong Kong listing rules, according to the company’s filing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment