SUNAC expands share capital by 17.03 % after issuing 2.91 billion new shares via mandatory convertible bonds

Bulletin Express06-23

Sunac China Holdings Limited released a Next Day Disclosure Return on 23 June 2026 announcing a significant increase in its share capital following the conversion of its zero-coupon mandatory convertible bonds due 2026.

On 23 June 2026, 2.91 billion new ordinary shares were allotted and issued at HKD 6.80 per share upon conversion of the mandatory convertible bonds originally issued on 23 December 2025.

The company’s issued share base rose from 17.06 billion shares as of 31 May 2026 to 19.97 billion shares after the conversion, representing a 17.03 % expansion.

No treasury shares were held, repurchased, or cancelled during the period, and the board confirmed that all regulatory and listing rule requirements related to the share issuance were fully satisfied.

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