FilingReader Intelligence

Xtep International reports increased issued share capital and convertible bond updates

October 3, 2025 at 01:59 AM UTCBy FilingReader AI

Xtep International Holdings Limited reported an increase in its total number of issued shares by 20,000,000 during September 2025, bringing the total to 2,802,493,742 shares. This movement includes new shares issued as part of share awards granted under a share scheme, dated September 17, 2025. The company's authorised/registered share capital remained constant at HK$1,000,000,000, with 100,000,000,000 authorised/registered shares at a par value of HK$0.01 per share.

The company also provided updates on its convertible bonds. Convertible bonds issued on September 9, 2021, saw an increase in their outstanding amount by HK$2,406,754 due to quarterly accrued interest, bringing the total to HK$537,240,894. This could lead to 65,539,561 shares being issued upon conversion. Convertible bonds issued on November 1, 2024 (HK$513,240,178) and February 20, 2025 (HK$500,000,000) remain outstanding, potentially leading to 94,995,220 and 80,515,297 shares, respectively.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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