Country Garden issues 12.76 million new shares via MCB conversion, nudging share base to 46.27 billion

Bulletin Express
06/01

Country Garden Holdings Company Limited disclosed on 01 June 2026 that 12.76 million ordinary shares were issued following the conversion of its zero-coupon mandatory convertible bonds maturing 30 June 2031 (“MCB (C)”). The new shares, priced at HKD 1.10 each, equate to 0.03% of the company’s pre-event issued share base.

Prior to the conversion, Country Garden had 46.26 billion shares outstanding. The issuance lifts total shares in issue to 46.27 billion, with no treasury shares held. Gross proceeds from the conversion amount to approximately HKD 14.04 million.

The transaction was duly authorised by the board and carried out in accordance with Hong Kong Stock Exchange listing rules and applicable regulations. No share repurchases, redemptions, or on-market sales of treasury shares were reported for the period ending 01 June 2026.

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