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CMOC Group Limited — Capital/Financing Update 2016
Nov 3, 2016
50942_rns_2016-11-03_53a6e1f5-6b15-4f95-9252-0b35d039dcd2.pdf
Capital/Financing Update
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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.
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(Stock Code: 03993)
RESULTS OF THE ISSUANCE OF THE 2016 SECOND TRANCHE SUPER SHORT-TERM FINANCING INSTRUMENTS
This announcement is made by China Molybdenum 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 (the “ Listing Rules ”) and Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong).
References are made to the circular of the Company dated 30 April 2015 and the announcements of the Company dated 21 October 2016, 17 October 2016, 27 July 2016, 29 February 2016, 23 October 2015, 23 September 2015, 28 June 2015 and 23 March 2015 relating to, among others, the proposed issuance of short-term financing instruments.
I. THE REGISTRATION OF SUPER SHORT-TERM FINANCING INSTRUMENTS
In accordance with the notice of acceptance of registration dated 12 October 2016 (Zhong Shi Xie Zhu [2016] SCP No. 310) (the “ Notice ”) from the National Association of Financial Market Institutional Investors (the “ Association ”), pursuant to which the Association accepted the registration of the super short-term financing instruments. Pursuant to the Notice, the registration of the super short-term financing instruments in the principal amount of RMB2 billion will be valid for a period of two years from the date of the Notice. China Merchants Bank Co., Ltd. and Ping An Bank Co., Ltd. will act as the joint lead underwriters for the super short-term financing instruments. The Company may issue the super short-term financing instruments in tranches during the effective period of registration.
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II. THE ISSUANCE OF SUPER SHORT-TERM FINANCING INSTRUMENTS
In accordance with the Notice, the Company successfully issued the 2016 second tranche of super short-term financing instruments on 1 November 2016. The issuance results are as follows:
| Particulars of the issuance | |||
| Name | China Molybdenum Co., Ltd.2016 second tranche supershort-term financinginstruments | Abbreviation | 16 CMOCSCP002 |
| Code | 011698744 | Term | 270 days |
| Interestcommencementdate | 2 November 2016 | Payment date | 30 July 2017 |
| Total amount of theplanned issuance | RMB1 billion | Total amountof actualissuance | RMB1 billion |
| Coupon | 3.26% | Issue price | RMB100per note(RMB100face value) |
| Application for subscription | |||
| Number of qualifiedapplicants forsubscription | 7 units | Qualifiedsubscriptionamount | RMB1.21 billion |
| Highestsubscriptionprice | 3.5% | Lowestsubscriptionprice | 3.00% |
| Number of validsubscriptionapplicants | 7 units | Amount of validsubscription | RMB1.01 billion |
| Bookrunner | China Merchants Bank Co., Ltd. | ||
| Lead underwriter | Ping An Bank Co., Ltd. |
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Following the completion of this issuance, all the registered super short-term financing instruments of the Company in the amount of RMB2 billion have been fully issued.
By Order of the Board China Molybdenum Co., Ltd. Li Chaochun* Chairman
Luoyang City, Henan Province, PRC, 3 November 2016
As at the date of this announcement, the Company’s executive directors are Messrs. Li Chaochun and Li Faben; the Company’s non-executive directors are Messrs. Ma Hui, Yuan Honglin and Cheng Yunlei; and the Company’s independent non-executive directors are Messrs. Bai Yanchun, Xu Shan and Cheng Gordon.
- for identification purposes only
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