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For Main Board listed issuersNext Day Disclosure Return (Equity issuer changes in issued share capital and/or share buybacks) Name of listed issuer: Stock code:SJM Holdings Limited00880Date submitted:4
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Exercises of conversion rights refer to the process by which a holder of convertible securities (such as convertible bonds or preferred stock) opts to convert their securities into common stock of the issuing company.
The holder of the convertible securities is typically required to file exercises of conversion rights.
To fill out exercises of conversion rights, the holder must complete a conversion notice, providing details such as the number of shares to be converted, the security type, and any necessary signatures.
The purpose of exercises of conversion rights is to allow investors to convert their securities into equity, thus potentially benefiting from an increase in the company's stock value.
Information that must be reported includes the type of security being converted, the number of shares involved, the date of conversion, and the identity of the converting party.
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