Datang Intl H Regulatory News (DAT)

19 Dec 2006 07:00

Datang Intl Power Generation Co Ld19 December 2006 The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. DATANG INTERNATIONAL POWER GENERATION CO., LTD. (a sino-foreign joint stock limited company incorporated in the People's Republic of China) (Stock Code: 991) COMPLETION OF THE A SHARES ISSUE SUMMARY The A Shares of the Company will be listed on the Shanghai Stock Exchange on 20 December 2006. Reference is made to the announcements published by the Company dated 16 November 2006 regarding the Company's proposed A Shares Issue, dated 27 November 2006 regarding the approval of the A Shares Issue by the CSRC and commencement of price consultations for the A Shares Issue, dated 5 December 2006 regarding the determination of the offer price range for the A Shares Issue, and dated 11 December 2006 regarding the determination of the offer price and size for the A Shares Issue. The Board is pleased to announce that the A Shares Issue is completed. Listingand trading of the A Shares on the Shanghai Stock Exchange will commence on 20December 2006. Key information of the listing of A Shares is as follows: Place of listing: Shanghai Stock Exchange Date of listing: 20 December 2006 Stock abbreviation: (Chinese Words) Stock code: 601991 Total share capital upon completion of the A Shares Issue: 5,662,849,000 shares Number of shares added by the public A Shares Issue: 500,000,000 shares Share registrar: China Securities Depository and Clearing Corporation Limited (Shanghai Branch) Sponsor for the listing: BOCI Securities Limited The capital structure of the Company prior to the A Shares Issue is as follows: Type of shares Number of shares Shareholding percentage (%) A Shares: CDGC 1,828,768,200 35.43BEIG 671,792,400 13.01HCIC 671,792,400 13.01TJIC 559,827,000 10.84H Shares held by the 1,430,669,000 27.71public: Total: 5,162,849,000 100.00 The capital structure of the Company immediately upon completion of the A Shares Issue is as follows: Type of shares Number of shares Shareholding percentage (%) A Shares: CDGC 1,979,620,580 34.96BEIG 671,792,400 11.86HCIC 671,792,400 11.86TJIC 606,006,300 10.70A Shares held by the 302,968,320 5.35public H Shares held by the 1,430,669,000 25.26public: Total: 5,662,849,000 100.00 The A Shares held by CDGC (1,828,768,200 A Shares), BEIG (671,792,400 A Shares), HCIC (671,792,400 A Shares) and TJIC (559,827,000 A shares) prior to the A Shares Issue have been registered with China Securities Depository and Clearing Corporation Limited as circulated A Shares subject to respective "black out" periods following the A Shares Issue. CDGC has undertaken to impose a 36-month lock-up period for the shares it holds, while BEIG, HCIC andTJIC have respectively undertaken to impose a 12-month lock-up period for the respective shares they hold. The lock-up periods will commence from the date of listing and trading of the online issued A Shares on the Shanghai Stock Exchange. The announcements regarding the details of the completion of the Company's A Shares Issue will be published on 19 December 2006 concurrently in several newspapers in the PRC, including the China Securities Journal, Shanghai Securities News, Securities Times and Securities Daily, and will be posted on the website of the Shanghai Stock Exchange (http://www.sse.com.cn) on 19 December 2006. DEFINITIONS In this announcement, unless the context otherwise requires, the following expressions have the following meanings: "A Share(s)" the domestic ordinary share(s) with a nominal value of RMB1.00 each which are to be subscribed in RMB and are proposed to be issued by the Company to (i) part of the existing holders of domestic shares of the Company and (ii) natural persons and institutional investors in the PRC "A Shares Issue" the proposed issue of A Shares to (i) part of the existing holders of domestic shares of the Company and (ii) natural persons and institutional investors in the PRC by the Company. The A Shares, subject to the relevant approval of the relevant authorities in the PRC, are proposed to be listed on the Shanghai Stock Exchange "BEIG" Beijing Energy Investment (Group) Company Limited (Chinese Words), a wholly state-owned company established under the laws of the PRC and a substantial shareholder of the Company holding approximately 11.86% of the issued share capital of the Company upon completion of the A Shares Issue "Board" board of Directors "CDGC" China Datang Corporation (Chinese Words), a state-owned enterprise established under the laws of the PRC and a substantial shareholder of the Company holding approximately 34.96% of the issued share capital of the Company upon completion of the A Shares Issue "Company" Datang International Power Generation Co., Ltd. (Chinese Words), a sino-foreign joint stock limited company incorporated in the PRC on 13 December 1994, of which the H Shares are listed on The Stock Exchange of Hong Kong Limited and The London Stock Exchange Limited "CSRC" China Securities Regulatory Commission "Directors" directors of the Company "HCIC" Hebei Construction Investment Company (Chinese Words), a state-owned enterprise established under the laws of the PRC and a substantial shareholder of the Company holding approximately 11.86% of the issued share capital of the Company upon completion of the A Shares Issue "H Share(s)" the overseas listed foreign shares of the Company with a nominal value of RMB1.00 each which are listed on The Stock Exchange of Hong Kong Limited and The London Stock Exchange Limited "PRC" the People's Republic of China "Shanghai Stock Exchange" Shanghai Stock Exchange "TJIC" Tianjin Jinneng Investment Company (Chinese Words), a state-owned enterprise established under the laws of the PRC and a substantial shareholder of the Company holding approximately 10.70% of the issued share capital of the Company upon completion of the A Shares Issue By Order of the Board Yang Hongming Company Secretary Beijing, the PRC, 18 December 2006 As at the date of this announcement, the Directors are: Zhai Ruoyu, Zhang Yi, Hu Shengmu, Fang Qinghai, Yang Hongming, Liu Haixia, Guan Tiangang, Su Tiegang, Ye Yonghui, Tong Yunshang, Xie Songlin*, Xu Daping *, Liu Chaoan*, Yu Changchun* and Xia Qing* * Independent non-executive Directors This information is provided by RNS The company news service from the London Stock Exchange