Tianqi Lithium Corporation disclosed a Next Day Disclosure Return indicating the allotment of 1.43 million new H-shares on 14 May 2026 following the partial conversion of its RMB 2.60 billion (USD-settled) zero-coupon convertible bonds due 2027.
The conversion price was HKD 51.85 per share. As a result, the company’s issued H-share count rose from 234.71 million to 236.15 million, representing a 0.61% expansion of its outstanding equity base.
No treasury shares were created, redeemed, or sold, and Tianqi Lithium confirmed full compliance with Hong Kong listing regulations for the share issuance.
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