Xtep International (01368) Announces February 2026 Securities Movements

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According to Xtep International (01368), the total authorised share capital remained at HKD 1.00 billion at the end of February 2026, with the number of issued shares unchanged at 2.81 billion. The company confirmed compliance with public float requirements.

Regarding convertibles, the convertible bonds issued on 9 September 2021 amounted to HKD 539.66 million, allowing for the potential issuance of 67.98 million shares at a conversion price of HKD 7.94. The convertible bonds issued on 1 November 2024 stood at an updated principal of HKD 522.26 million (inclusive of accrued interest), potentially issuing 99.81 million shares at a conversion price of HKD 5.23. The convertible bonds from 20 February 2025, previously totaling HKD 500.00 million, were repurchased and reduced to zero. Additionally, the company issued HKD 500.00 million of convertible bonds on 6 February 2026 at a conversion price of HKD 6.37, potentially issuing 78.49 million shares.

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