Last checked at 1 Nov 2012 09:21
Hongkong Land Holdings Limited
US$400,000,000 2.75 per cent. Guaranteed Convertible Bonds due 2012
issued by Hongkong Land CB (2005) Limited
(ISIN: XS0237975932)
Hongkong Land Holdings Limited (the 'Company') today announces that the US$400,000,000 2.75 per cent. Guaranteed Convertible Bonds due 2012 (the 'Convertible Bonds') issued by its wholly-owned subsidiary, Hongkong Land CB (2005) Limited, and guaranteed by the Company will mature on 21st December 2012.
In accordance with the terms and conditions of the Convertible Bonds, the last date prior to maturity for conversion by holders of the Convertible Bonds into ordinary shares of the Company (the 'Shares') will be on 11th December 2012. The conversion price of the Convertible Bonds is currently US$3.85 and the Share price on 31st October 2012 was US$6.35.
Full details of the conversion procedures are available from Citicorp Trustee Company Limited at 13th Floor, Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB, United Kingdom (Fax No. +353 1 506 0339).
Neil M McNamara, Hongkong Land LimitedFor and on behalf of Hongkong Land Holdings Limited1st November 2012www.hkland.com