Lenovo says US$283.9 million of US$675 million convertible bonds due 2029 converted, US$166.1 million outstanding

• Lenovo Group’s US$ 675 million 2.50% convertible bonds due 2029 saw US$ 283.9 million converted into shares since the Aug. 17 redemption notice.
• The conversions were done at an adjusted conversion price of HK$ 8.37 per share.
• The company issued 265,869,363 new shares, about 2.1% of shares outstanding immediately after the conversion.
• US$ 166.1 million of the bonds remain outstanding, equal to about 24.6% of the original deal size.
• Lenovo plans to redeem all remaining bonds on Sept. 16, 2026, with conversion rights open until Sept. 7, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lenovo Group Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260904-12320908), on September 04, 2026, and is solely responsible for the information contained therein.