Country Garden Issues 19.95 Million New Shares on Convertible Bond Conversion

Bulletin Express
Sep 03

Country Garden Holdings Company Limited disclosed that 19.95 million ordinary shares were issued on 3 September 2026 following the conversion of its zero-coupon 78-month Mandatory Convertible Bonds (MCB (A)) originally issued on 30 June 2025.

The new shares, priced at HKD 2.60 each, represent 0.04% of the company’s pre-conversion issued share capital. Gross proceeds from the conversion amount to approximately HKD 51.87 million.

Post-conversion, Country Garden’s issued share capital rose to 46.73 billion shares from 46.71 billion shares previously. No treasury shares were outstanding before or after the event, and the company reported no share repurchases or on-market disposals of treasury shares during the period.

The board confirmed that the share issuance was duly authorised and complied with all applicable Hong Kong Stock Exchange listing rules and relevant regulatory requirements.

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