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CStone Pharmaceuticals — Capital/Financing Update 2016
Jun 8, 2016
50715_rns_2016-06-08_09c12693-01d0-4b7a-b613-6bd3c4c18c15.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.
This announcement is not an offer to purchase, a solicitation of an offer to purchase, or a solicitation of an offer to sell, the Notes. This announcement does not constitute, and may not be used in connection with, any form of offer or solicitation in any place where such offers or solicitations are not permitted by law. This announcement is not for release, publication or distribution in or into, or to any person resident and/or located in, any jurisdiction where such release, publication or distribution is unlawful.
This announcement does not constitute an offer to sell or the solicitation of an offer to purchase any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No securities may be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer and management, as well as financial statements. No public offering of securities is to be made by the Company or Yancoal Resources in the United States.
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兗州煤業股份有限公司
YANZHOU COAL MINING COMPANY LIMITED
(A joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock code: 1171)
ANNOUNCEMENT
SETTLEMENT OF OFFER TO REPURCHASE FOR CASH UP TO A TOTAL OF US$300,000,000 IN AGGREGATE PRINCIPAL AMOUNT OF THE OUTSTANDING NOTES LISTED BELOW
(I) US$434,403,000 5.730% GUARANTEED NOTES DUE 2022 (Stock code: 4552)
(II) US$450,000,000 4.461% GUARANTEED NOTES DUE 2017 (Stock code: 4551)
ISSUED BY
YANCOAL INTERNATIONAL RESOURCES DEVELOPMENT CO., LIMITED
(Incorporated in Hong Kong with limited liability)
Reference is made to the announcements of Yanzhou Coal Mining Company Limited (the “ Company ”) and Yancoal International Resources Development Co., Limited (“ Yancoal Resources ”)
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dated 4 May 2016 (Hong Kong time) (the “ Launch Announcement ”), 18 May 2016 (Hong Kong time) and 2 June 2016 (Hong Kong time) in relation to the Offer. Capitalised terms used in this announcement shall have the same meanings as those defined in the Launch Announcement.
REPURCHASE AND SETTLEMENT
The Company hereby announces that:
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(i) (a) US$206,783,000 principal amount of the 2022 Notes, representing approximately 47.60% of the US$434,403,000 total aggregate principal amount of the 2022 Notes outstanding, have been accepted for repurchase by Yancoal Resources; and (b) US$93,203,000 principal amount of the 2017 Notes, representing approximately 20.71% of the US$450,000,000 total aggregate principal amount of the 2017 Notes outstanding, have been accepted for repurchase by Yancoal Resources (the “ Accepted Notes ”). Settlement of repurchase of the Accepted Notes was completed on 7 June 2016 (New York City time);
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(ii) the aggregate amount of consideration (including the Accrued Interest in respect of the Accepted Notes) paid by the Company in relation to the repurchase of the Accepted Notes pursuant to the Offer was approximately US$286,444,899.30;
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(iii) the Accepted Notes were cancelled by Yancoal Resources on 7 June 2016 (New York City time); and
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(iv) as at the date of this announcement, the principal amount of the 2022 Notes remaining outstanding is US$227,620,000 and the principal amount of the 2017 Notes remaining outstanding is US$356,797,000.
Unless otherwise stated, all times and dates refer to New York City, United States times and dates.
By order of the Board Yanzhou Coal Mining Company Limited Li Xiyong Chairman of the Board
Zoucheng, Shandong Province, the PRC 8 June 2016 (Hong Kong time)
As at the date of this announcement, the directors of the Company are Mr. Li Xiyong, Mr. Li Wei, Mr. Wu Xiangqian, Mr. Wu Yuxiang, Mr. Zhao Qingchun, Mr. Guo Dechun and Mr. Guo Jun, and the independent non-executive directors of the Company are Mr. Wang Li Jie, Mr. Jia Shaohua, Mr. Wang Xiaojun and Mr. Qi Anbang.
As at the date of this announcement, the directors of Yancoal Resources are Mr. Li Xiyong, Mr. Lai Cunliang, Mr. Yin Mingde, Mr. Wu Yuxiang and Mr. Zhang Baocai.
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