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Sinopec Engineering Group Co Ltd. — Capital/Financing Update 2015
Jul 28, 2015
14896_rns_2015-07-28_69dd34ef-b048-4188-9556-af8f533f6331.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 appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.
UNIVERSE INTERNATIONAL HOLDINGS LIMITED 寰宇國際控股有限公司[*]
(Incorporated in Bermuda with limited liability)
(Stock Code: 1046)
COMPLETION OF THE PLACING
Reference is made to the circular of Universe International Holdings Limited dated 24 June 2015 (“ Circular ”) in respect of, among other matters, the Placing, the Rights Issue and the grant of the Warrant Issue Mandate as well as the poll results announcement of the special general meeting held on 13 July 2015 (“ SGM Results Announcement ”). Unless otherwise stated, capitalised terms used in this announcement shall bear the same meanings as defined in the Circular and the SGM Results Announcement.
The Board is pleased to announce that all conditions precedent set out in the Placing Agreement had been fulfilled, and completion of the Placing took place on 28 July 2015 in accordance with the terms and conditions of the Placing Agreement.
An aggregate of 586,350,000 Placing Shares, which represent approximately 66.27% of the issued share capital of the Company immediately after completion of the Placing, has been successfully placed to not less than six Placees, who and whose ultimate beneficial owners (where applicable) are Independent Third Parties, at the Placing Price of HK$0.3411 per Placing Share. The net proceeds of the Placing, after deduction of the Placing commission and other related expenses of approximately HK$7.5 million, are approximately HK$192.5 million.
To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, (i) each of the Placees and where applicable, their respective ultimate beneficial owners, is an Independent Third Party; and (ii) none of the Placees has become a substantial shareholder (as defined under the Listing Rules) of the Company upon completion of the Placing.
- for identification purposes only
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EFFECTS ON SHAREHOLDING STRUCTURE OF THE COMPANY
The table below sets out the changes to the shareholding structure of the Company as a result of the completion of the Placing:
| Globalcrest (Note 1)Ever Robust (Note 2)The Placees (Note 3)Other existing public ShareholdersTotal | As at the date ofthis announcementNumber ofSharesApproximate%18,913,1706.3429,650,0009.94––249,817,13783.72298,380,307100.00 | Upon completion ofthe PlacingNumber ofSharesApproximate%18,913,1702.1429,650,0003.35586,350,00066.27249,817,13728.24884,730,307100.00 | Upon completion ofthe PlacingNumber ofSharesApproximate%18,913,1702.1429,650,0003.35586,350,00066.27249,817,13728.24884,730,307100.00 |
|---|---|---|---|
| 100.00 |
Notes:
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The entire issued share capital of Globalcrest is held by Central Core Resources Limited, the trustee of a discretionary trust under which certain immediate family members of Mr. Lam Shiu Ming, Daneil, an executive Director and chairman of the Company, are discretionary objects.
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Ever Robust is a wholly-owned subsidiary of China Mobile Games and Cultural Investment Limited, a company incorporated in the Cayman Islands with limited liability and whose shares are listed on the Growth Enterprise Market of the Stock Exchange.
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None of the Placees have become a substantial shareholder of the Company upon the completion of the Placing.
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Certain percentage figures included in the above table have been subject to rounding adjustments. Accordingly, figures shown as totals may not be an arithmetic aggregation of the figures preceding them.
On behalf of the Board Universe International Holdings Limited Lam Shiu Ming, Daneil Chairman and Executive Director
Hong Kong, 28 July 2015
As at the date of this announcement, the executive Directors are Mr. Lam Shiu Ming, Daneil, Mr. Yeung Kim Piu, Mr. Hung Cho Sing and Mr. Lam Kit Sun, the non-executive Director is Mr. Chan Shiu Kwong Stephen, and the independent non-executive Directors are Mr. Lam Wing Tai, Mr. Choi Wing Koon and Mr. Lam Chi Keung.
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