Country Garden Issues 57.47 Million New Shares Following Partial Conversion of Mandatory Convertible Bonds

Bulletin Express
Yesterday

Country Garden Holdings Company Limited disclosed a minor expansion of its share capital after holders exercised conversion rights on two series of zero-coupon mandatory convertible bonds (MCBs) on 9 October 2026.

• Share conversions – MCB (A), maturing 78 months from 30 June 2025, was converted into 57.33 million ordinary shares at HKD 2.60 each. – MCB (B), maturing 114 months from 30 June 2025, was converted into 0.15 million ordinary shares at HKD 10.00 each.

• Impact on share count – Total new shares issued: 57.47 million. – Pre-event issued share base (8 October 2026): 46.79 billion shares. – Post-event issued share base (9 October 2026): 46.85 billion shares. – Resulting dilution: approximately 0.12 % of the outstanding share capital.

• Treasury shares and repurchases – The company reported no treasury shares in issue and no share redemptions or repurchases during the period.

All conversions were authorised by the board and complied with Hong Kong Stock Exchange listing rules, with proceeds fully received, according to the filing signed by Director Wu Bijun.

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