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Swire shares announced that the company is pleased to announce that on September 2, 2026, the company has successfully executed an accelerated share exchange transaction. The accelerated share exchange transaction included bond repurchases and share placements, involving the company's repurchase of bonds with a total principal amount of HK$4,689,000,000 and the company's sale of 362,645,011 shares of Cathay Pacific. Since the total principal amount of the bonds exchanged or repurchased and cancelled under the accelerated share exchange transaction amounts to 90% or more of the total principal amount of the original issued bonds, Swire Pacific Finance may exercise the right to redeem all remaining outstanding bonds according to the terms and conditions. The Company will publish a separate announcement in due course. The Group expects to confirm approximately HK$1,118 billion in revenue from the share placement. This amount is calculated by reference to the latest obtainable book value of the Group's Cathay Pacific interests. The overall net income from the accelerated share exchange transaction is expected to be approximately HK$704 million.

Zhitongcaijing·09/01/2026 23:33:04
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Swire shares announced that the company is pleased to announce that on September 2, 2026, the company has successfully executed an accelerated share exchange transaction. The accelerated share exchange transaction included bond repurchases and share placements, involving the company's repurchase of bonds with a total principal amount of HK$4,689,000,000 and the company's sale of 362,645,011 shares of Cathay Pacific. Since the total principal amount of the bonds exchanged or repurchased and cancelled under the accelerated share exchange transaction amounts to 90% or more of the total principal amount of the original issued bonds, Swire Pacific Finance may exercise the right to redeem all remaining outstanding bonds according to the terms and conditions. The Company will publish a separate announcement in due course. The Group expects to confirm approximately HK$1,118 billion in revenue from the share placement. This amount is calculated by reference to the latest obtainable book value of the Group's Cathay Pacific interests. The overall net income from the accelerated share exchange transaction is expected to be approximately HK$704 million.