General Announcement::Adjustment to Exercise Price of Equity Linked Securities and Call Spread

Issuer & Securities

Issuer/ Manager
MINISO GROUP HOLDING LIMITED
Securities
MINISO USD550M0.5%320114 - XS2972964857 - Y2VB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Apr-2025 17:54:32
Status
New
Announcement Sub Title
Adjustment to Exercise Price of Equity Linked Securities and Call Spread
Announcement Reference
SG250425OTHR4G1O
Submitted By (Co./ Ind. Name)
Allis Chen
Designation
IR Expert
Effective Date and Time of the event
24/04/2025 18:00:00
Description (Please provide a detailed description of the event in the box below)
On March 21, 2025, the Company announced a final cash dividend the amount of US$0.3268 per ADS or US$0.0817 per Share for the fiscal year ended December 31, 2024 (the 2024 Final Dividend ). As of the date of this announcement, the 2024 Final Dividend has been fully paid to the relevant holders of Shares and ADSs, respectively.

Pursuant to adjustment provisions stipulated under the terms and conditions of the Equity Linked Securities, as a result of the 2024 Final Dividend, the Equity Linked Securities Exercise Price will be adjusted from US$8.2822 (equivalent to HK$64.395) per Share, to US$8.1516 (equivalent to HK$63.379) per Share with effect from April 9, 2025, being the date immediately after the record date of the 2024 Final Dividend. The aggregate number of Cash Settled Shares that may be settled in cash upon exercise of the Equity Linked Securities has also been adjusted from 66,407,407 to 67,471,717 accordingly.

Pursuant to the adjustment provisions stipulated under the terms and conditions of the Lower Strike Call and the Upper Strike Warrant respectively, as a result of the 2024 Final Dividend, the following adjustments have been made with effect from April 24 2025, being the date on which the Calculation Agents confirmed the relevant adjustments to be made:
(i) Lower Strike Call: The Lower Strike Exercise Price, which is equivalent to the applicable Equity Linked Securities Exercise Price at the time of exercise, was adjusted from US$8.2822 (equivalent to HK$64.395) per Share originally, to US$8.1516 (equivalent to HK$63.379) per Share;
(ii) Upper Strike Warrant:
(a) The Upper Strike Exercise Price, originally at US$13.1317 (equivalent to HK$102.100)
per Share, was adjusted to US$12.9246 (equivalent to HK$100.490) per Share; and
(b) The maximum number of Upper Strike Shares that may be issued pursuant to the Upper Strike Warrant is adjusted from 66,407,407 Shares to 67,471,717 Shares.

Attachments

Adjustment to Exercise Price of CB.pdf
Total size =65K