Shimao Group Holdings Limited (00813) reported that, as of October 31, 2025, its authorized share capital remained at 25,000,000,000 ordinary shares at HKD0.1 par value each, totaling HKD2,500,000,000. According to the company's monthly return, the total number of issued ordinary shares increased from 8,031,765,012 to 8,602,340,089 during October 2025.
The additional 570,575,077 issued shares resulted from the conversion of the Zero Coupon Mandatory Convertible Bonds due 2026. The bonds, initially amounting to USD1,751,125,831, recorded a conversion of USD437,781,459 during the reporting period, leading to the issuance of the new shares at a conversion price of HKD6 per share (based on an exchange rate of US$1=HK$7.82). The total number of treasury shares remained at zero throughout the month.
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