Country Garden (02007) Adds 374,765 Shares Following Dual Convertible Bond Conversions

Bulletin Express03-09

Country Garden Holdings Company Limited (stock code: 02007) disclosed a marginal expansion of its share base after two separate conversions of zero-coupon mandatory convertible bonds (MCBs) on 9 March 2026.

The company issued: • 343,074 new ordinary shares from the conversion of MCB (A), maturing 78 months after 30 June 2025, at HKD 2.60 per share, increasing the share capital by approximately 0.0008 percent.

• 31,691 new ordinary shares from the conversion of MCB (B), maturing 114 months after 30 June 2025, at HKD 10.00 per share, adding around 0.00008 percent to the issued total.

Cumulatively, 374,765 shares were created, representing an overall increase of about 0.0009 percent relative to the pre-event outstanding share count.

Key post-transaction figures: • Opening issued shares (6 March 2026): 42.24 billion • Closing issued shares (9 March 2026): 42.24 billion

There were no treasury-share movements, repurchases, or cancellations reported. The board confirmed full compliance with Hong Kong Stock Exchange listing rules and all relevant legal requirements for the share issuances.

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