Summary by Futu AI
ANTA Sports Products Limited announced that due to the company's declaration of dividends on August 27, 2024, the conversion price of the 1 billion euro zero coupon convertible bonds due in 2025 will be adjusted. The original conversion price of HKD 98.45 will be adjusted to HKD 96.76, and the adjustment will take effect on September 11, 2024. The bonds issued by the company on January 14, 2020, and February 5, 2020, as well as the interim performance for the six months ended June 30, 2024, announced on August 27, 2024, are all related to this conversion price adjustment. The dividend this time is HKD 1.18 per share and will take effect on the next working day after the record date of September 10, 2024. Assuming the full conversion of the bonds, it will be converted into approximately 89.36 million shares of convertible shares, accounting for approximately 3.15% of the company's issued shares. The company has submitted an additional listing approval application for approximately 1.53 million shares of convertible shares to the Stock Exchange.