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AIA Group Limited — Major Shareholding Notification 2012
Sep 7, 2012
49833_rns_2012-09-07_2e7cb629-0df4-4e83-b9b0-e0b37e9f6ef5.pdf
Major Shareholding Notification
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This announcement is for information purposes only and does not constitute an invitation or offer by any person to acquire, purchase or subscribe for securities. This announcement is not, and is not intended to be, an offer of securities of the Company for sale in the United States. The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the U.S. Securities Act. There is not, and is not intended to be, any public offering of the securities of the Company in the United States.
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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AIA Group Limited 友邦保險控股有限公司
(Incorporated in Hong Kong with limited liability) Stock Code: 1299
SALE OF SHARES BY AIG
The Board of Directors of AIA Group Limited (the “Company” or “AIA”) has been informed by American International Group, Inc. (“AIG”) that AIG has agreed to sell by way of placement to certain institutional investors approximately 591.9 million ordinary shares of the outstanding ordinary shares of the Company held by AIG at a price per share of HK$26.50 which is expected to be completed by 11 September 2012 (the “Placing”).
Subsequent to the Placing, AIG continues to hold approximately 13.69% of AIA’s outstanding ordinary shares.
The Company has further been advised by AIG that under the terms of the placing agreement entered into by AIG with the managers of the Placing, AIG is restricted from selling any of its remaining ordinary shares of AIA until 10 December 2012, subject to certain exceptions, including receiving prior consent of certain lead managers of the Placing.
The Company is not a party to the Placing.
By order of the Board Mark Edward Tucker Executive Director, Group Chief Executive and President
Hong Kong, 7 September 2012
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As at the date of this announcement, the Board of Directors of the Company comprises:
Non-executive Chairman and Non-executive Director:
Mr. Edmund Sze Wing Tse
Executive Director, Group Chief Executive and President:
Mr. Mark Edward Tucker
Independent Non-executive Directors:
Mr. Chung-Kong Chow, Dr. Qin Xiao and Mr. John Barrie Harrison
Non-executive Director:
Mr. Jack Chak-Kwong So
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