Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited have issued disclaimers regarding the accuracy and completeness of the latest Xtep International Holdings Limited announcement, while clarifying that any distribution of this information in the United States or in jurisdictions where it may be unlawful is prohibited. The announcement is for information only and does not constitute an invitation or offer to acquire or subscribe for the Company’s securities. It also reiterates that these securities have not been, and will not be, registered under the United States Securities Act of 1933, thus barring any offering or sale in the United States unless registered or exempted under the relevant provisions. The Company has stated it has no intention of registering or conducting a public offering of the securities in the United States.
On 4 February 2026, Xtep International Holdings Limited (Stock Code: 1368) confirmed that the Vienna Stock Exchange has approved the HKD 500,000,000 Zero Coupon Convertible Bonds due 2029 for listing on its Vienna MTF. The Bonds are set to begin trading on 6 February 2026. The Company has further explained that completion of the concurrent repurchase of existing convertible bonds and the subscription and issuance of the new Bonds will be contingent upon fulfillment or waiver of conditions specified in the Dealer Manager Agreement and the CB Subscription Agreement. These agreements allow for possible termination under certain circumstances.
The Company urges shareholders and potential investors to exercise caution when dealing in its securities, as there remains a possibility that the concurrent repurchase and issuance of the Bonds may or may not be completed under the outlined conditions.