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Beijing Digital Telecom Co., Ltd. — Major Shareholding Notification 2017
May 10, 2017
50994_rns_2017-05-10_81bb102c-354a-47da-8fb1-6e95060c2bdf.pdf
Major Shareholding Notification
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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.
Beijing Digital Telecom Co., Ltd. 北京迪信通商貿股份有限公司
(A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 6188)
ANNOUNCEMENT ON INSIDE INFORMATION DISPOSAL OF SHARES BY SUBSTANTIAL SHAREHOLDERS AND CHANGE TO THE SUBSTANTIAL SHAREHOLDERS
The announcement is made by Beijing Digital Telecom Co., Ltd. (the “ Company ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the provisions of inside information (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
The board of directors (the “ Board ”) of the Company was informed by CDH Mobile (HK) Limited (“ CDH Mobile ”) and 3i Information Limited (“ 3i Information ”), both of which are original substantial shareholders of the Company (as defined in the Listing Rules) that on 26 April, 2017, CDH Mobile and 3i Information entered into the equity transfer agreement (“ Equity Transfer Agreement ”) respectively with Digital China (HK) Limited (“ Digital China ”, a company incorporated under the laws of Hong Kong). Pursuant to the Equity Transfer Agreement, CDH Mobile and 3i Information sold 71,250,000 Shares and 87,100,000 Shares of the Company with a par value of RMB1.00 each (the “ Sale Shares ”) (representing approximately 10.69% and 13.06% of the total issued share capital of the Company as at the date of this announcement) respectively to Digital China at an average consideration of HK $3.1 per Share (the “ Disposal ”). The Sale Shares represented approximately 23.75% of the total issued share capital of the Company as at the date of this announcement. The Disposal was completed on 9 May, 2017.
Immediately after the completion of the Disposal, CDH Mobile and 3i Information no longer held any Shares in the Company and Digital China would become a substantial shareholder of the Company. To the best of the Directors’ knowledge, information and belief, having made all reasonable enquiry, immediately before the completion of the Disposal, Digital China was a third party independent of the Company and its connected persons (as defined in the Listing Rules).
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Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares of the Company.
By Order of the Board Beijing Digital Telecom Co., Ltd. LIU Donghai Chairman
Hong Kong, 10 May 2017
As at the date of this announcement, the executive directors are Mr. LIU Donghai, Mr. LIU Yajun, Mr. LIU Songshan, Ms. LIU Wencui and Ms. LIU Hua; the non-executive director is Mr. QI Xiangdong; and the independent non-executive directors are Mr. LV Tingjie, Mr. BIAN Yongzhuang and Mr. Vincent Man Choi, LI.
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