Times China Holdings (01233) Announces Convertible Bond Conversions, Issuing 15.72 Million New Shares

Bulletin Express
02/27

Times China Holdings Limited (01233) disclosed that on 27 February 2026, a total of 15.72 million ordinary shares were allotted and issued upon conversion of two separate Zero Coupon Mandatory Convertible Bonds due 2027. The first conversion issued 13.97 million shares at HKD 6.00 each, and the second conversion issued 1.75 million shares at HKD 10.00 each.

Following these conversions, the company’s total issued shares increased from 2.90 billion shares to 2.92 billion shares, reflecting a 0.54% growth in the share capital. The newly issued shares are listed for trading on the Stock Exchange of Hong Kong. No share repurchases or sales of treasury shares were reported during this period.

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