According to the Next Day Disclosure Return submitted on 19 January 2026 by Sunac China Holdings Limited (01918), the company's issued ordinary shares have increased from 12,620,676,572 to 14,334,136,758. These changes resulted from the allotment and issue of new shares tied to the zero-coupon mandatory convertible bonds due 2026 (MCB 1), originally issued on 23 December 2025.
Four separate conversions took place: 174,355,175 shares on 12 January 2026, 89,947,122 shares on 13 January 2026, 83,637,338 shares on 14 January 2026, and 1,365,520,551 shares on 19 January 2026, each at HKD 6.8 per share. As disclosed, there were no shares redeemed or repurchased for cancellation during the period.
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