Wens Foodstuff halts bond conversion amid buyback, equity distribution

Wens Foodstuff Group (SZSE:300498) has announced a temporary suspension of the conversion of its "Wens Convertible Bonds" (SZSE:123107) into company shares, effective May 16, 2025, through May 22, 2025, and again from May 16, 2025, until the record date for the company's 2024 annual equity distribution. Trading on the bonds themselves will continue as normal during this suspension. This suspension is triggered by both the bondholders' right to sell the bonds back to the company following a change in the use of funds, and the upcoming equity distribution.