Shoucheng Holdings (00697) Announces Share Conversion and Repurchase

Bulletin Express
Feb 10

Shoucheng Holdings Limited (00697) disclosed changes in its share capital on 10 February 2026. A total of 5,130,588 ordinary shares were allotted and issued upon conversion of the 0.75% convertible bonds due 2026, originally in the principal amount of US$180 million. The conversion was carried out at HKD 1.53 per share under a general mandate granted on 30 April 2025.

On the same date, 1,670,000 ordinary shares were repurchased at between HKD 2.01 and HKD 2.02 per share, for a total payment of approximately HKD 3,365,498.18. These repurchased shares were retained as treasury shares. Following these transactions, the company’s total number of issued shares (including treasury shares) increased to 8,399,877,161 as of 10 February 2026.

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