NWS Holdings adjusts share options, final dividend terms

NWS Holdings Limited has implemented further adjustments to the exercise price and number of outstanding share options. Effective December 23, 2025, the exercise price per share decreased slightly from HK$6.785 to HK$6.784, while the number of outstanding share options increased from 107,047,834 to 107,066,182. These adjustments follow the issuance of 7,043,779 Scrip Shares and the distribution of HK$1,371,556,576.33 in cash for the final dividend.

The company also confirmed that no further adjustments will be made to the conversion price of its HK$850,000,000 2.80 per cent. convertible bonds due 2027 at this time. The conversion price remains at HK$6.69 per share, despite a minor adjustment of less than one per cent resulting from the Scrip Shares issuance. This minor adjustment will be carried forward for future consideration.

These actions are in accordance with the 2021 share option scheme and its amendments, the 2025 final dividend circular, and the adjustment announcement. Ballas Capital Limited, the company’s independent financial adviser, has confirmed these adjustments are fair, reasonable, and compliant with relevant listing rules and regulations.