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Putian Communication Group Limited — Capital/Financing Update 2017
Dec 1, 2017
50116_rns_2017-12-01_ea2497ba-bcc9-485a-b4fd-e988b3b1ed3c.pdf
Capital/Financing Update
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Unless otherwise defined herein, capitalised terms in this announcement shall have the same meanings as those defined in the prospectus dated 27 October 2017 (the “ Prospectus ”) issued by Putian Communication Group Limited (the “ Company ”).
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) and Hong Kong Securities Clearing Company Limited (“ HKSCC ”) 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 made pursuant to section 9(2) of the Securities and Futures (Price Stabilising) Rules (Chapter 571W of the Laws of Hong Kong). This announcement is made for information purposes only and does not constitute an offer or an invitation by any person to acquire, purchase or subscribe for securities of the Company.
This announcement is not for release, publication, distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia). This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or in any other jurisdictions. The Offer Shares have not been and will not be registered under the United States Securities Act of 1933, as amended from time to time (the “ U.S. Securities Act ”) or any state securities law in the United States and may not be offered, sold, pledged or transferred within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. The Offer Shares may be offered, sold or delivered outside the United States in offshore transactions in accordance with Regulation S.
Putian Communication Group Limited 普天通信集團有限公司
(incorporated in the Cayman Islands with limited liability)
(Stock Code: 1720)
LAPSE OF OVER-ALLOTMENT OPTION, STABILISATION ACTIONS AND END OF STABILISATION PERIOD
LAPSE OF OVER-ALLOTMENT OPTION
The Company announces that the Over-allotment Option was not exercised by SPDB International Capital Limited (for itself and on behalf of the Placing Underwriters) during the stabilisation period and lapsed on 1 December 2017. Accordingly, no Share was or will be issued under the Over-allotment Option.
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STABILISATION ACTIONS AND END OF STABILISATION PERIOD
The Company further announces that the stabilisation period in connection with the Share Offer ended on 1 December 2017, being the 30th day after the last day for the lodging of applications under the Hong Kong Public Offering. No stabilisation action was carried out in relation to the Share Offer during the stabilisation period.
LAPSE OF OVER-ALLOTMENT OPTION
The Company announces that, SPDB International Capital Limited (for itself and on behalf of the Placing Underwriters) did not exercise the Over-allotment Option during the stabilisation period and the Over-allotment Option lapsed on Friday, 1 December 2017. Accordingly, no Share was or will be issued under the Over-allotment Option.
The Company continues to comply with the public float requirements under Rule 8.08(1)(a) of the Listing Rules.
STABILISATION ACTIONS AND END OF STABILISATION PERIOD
The Company further announces that the stabilisation period in connection with the Share Offer ended on Friday, 1 December 2017, being the 30th day after the last day for the lodging of applications under the Hong Kong Public Offering.
Since no Share has been over-allocated to the placees under the Placing, no stabilisation activity was carried out by SPDB International Capital Limited, being the stabilising manager, in relation to the Share Offer during the stabilisation period.
By order of the Board
Putian Communication Group Limited WANG Qiuping Chairlady
The PRC, 1 December 2017
As at the date of this announcement, the Board comprises Ms. Wang Qiuping, Mr. Zhao Xiaobao and Ms. Zhao Moge as executive Directors; and Ms. Cheng Shing Yan, Mr. Liu Guodong and Mr. Xie Haidong as independent non-executive Directors.
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