Country Garden issues 164.96 million new shares after MCB (A) conversion, enlarging share capital by 0.36%

Bulletin Express05-14 17:04

Country Garden Holdings Company Limited disclosed that on 14 May 2026, 164.96 million ordinary shares were issued upon conversion of its zero-coupon mandatory convertible bonds (MCB (A)), which mature 78 months from 30 June 2025.

The new shares represent 0.36 % of the company’s pre-conversion share base, raising the total issued shares to 45.77 billion from 45.60 billion.

The conversion price was set at HKD 2.60 per share, translating to HKD 428.90 million in newly issued equity. No treasury shares were involved, and the company reported no share repurchases or cancellations outstanding as of the same date.

The issuance was duly authorised by the board and complies with all relevant Hong Kong listing and regulatory requirements.

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