Wynn Resorts said Wynn Macau, Limited adjusted the conversion price of its 4.50% convertible bonds due 2029 from HK$10.24375 to HK$10.01212, effective on September 4, 2024. Other terms of the bonds are unchanged.

1. 01

   Wynn Resorts said Wynn Macau, Limited adjusted the conversion price of its 4.50% convertible bonds due 2029 from HK$10.24375 to HK$10.01212, effective on September 4, 2024. Other terms of the bonds are unchanged.

2. 02

   The company said the adjustment reflects the final dividend of HK$0.075 per share for the year ended December 31, 2023 and the interim dividend of HK$0.075 for the 6 months ended June 30, 2024. Under the bond terms, the conversion price is adjusted for cash dividends and other capital distributions.

3. 03

   The company said the record date for Wynn Macau, Limited's dividend is September 3, 2024, and the adjustment takes effect on September 4, 2024 (Hong Kong time), the day after the record date.

4. 04

   The company said that if the convertible bonds are fully converted after the adjustment, they would convert into about 470,411,861 shares, or about 9.0% of the 5,249,137,600 shares in issue. Wynn Resorts also holds about 72% of Wynn Macau's common shares.

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