Vision Values executes 10-for-1 share consolidation and issues HKD200 million 3% convertible notes

Bulletin Express
Jun 04

Vision Values Holdings Limited released its monthly return for the period ended 31 May 2026, detailing substantial capital structure changes following a capital reorganisation and new financing activity.

The board implemented a 10-for-1 share consolidation effective 27 May 2026. Authorised share count contracted from 20.00 billion to 2.00 billion while authorised share capital remained unchanged at HKD200.00 million. Issued shares fell by 3.53 billion to 392.42 million, aligning the par value shift from HKD0.01 to HKD0.10 per share. The company confirmed that post-consolidation it still meets the Main Board’s 25% minimum public-float requirement.

Under the 2021 Share Option Scheme, outstanding options were adjusted from 156.00 million to 25.97 million to reflect the consolidation. No options were exercised during the month, leaving 25.97 million shares issuable upon exercise and a further 13.27 million shares available for future grants.

On 22 May 2026, Vision Values issued HKD200.00 million of 3% coupon convertible notes, with HKD49,315.07 in accrued interest recorded by month-end. The notes carry a conversion price of HKD0.42 per share and, if fully converted, could result in the issuance of up to 476.31 million new ordinary shares.

The company reported no treasury share movements during the month and provided the customary confirmations of compliance with Hong Kong listing and regulatory requirements.

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