ANTA Sports Products (HK:2020) has released an update.
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ANTA Sports Products Limited has announced an adjustment to the conversion price of its EUR1,000,000,000 zero coupon guaranteed convertible bonds due 2025 from HKD98.45 to HKD96.76, effective from September 11, 2024, following the declaration of an interim dividend. This change is in line with the bond terms and conditions, and apart from this adjustment, all other terms remain the same. Assuming full conversion of the bonds, this would lead to an increase of approximately 3.15% of the issued shares.
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