BRIEF-Gome Retail Announces Issue Of Shares For Partial Settlement Of Outstanding Bonds

Reuters05-29

May 29 (Reuters) - GOME Retail Holdings Ltd :

* ISSUE OF SHARES FOR PARTIAL SETTLEMENT OF OUTSTANDING BONDS

* ANNOUNCEMENT IN RELATION TO PARTIAL SETTLEMENT OF OUTSTANDING BONDS ISSUED ON 30 JUNE 2020

* ISSUED 128.6 MILLION CONVERSION SHARES TO BONDHOLDER AT HK$1.24 PER SHARE FOR PARTIAL SETTLEMENT OF BONDS

* ISSUANCE OF CONVERSION SHARES IN PRINCIPAL AMOUNT OF RMB145 MILLION

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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