Air China Regulatory News (AIRC)

17 Aug 2006 07:01

Air China Ld17 August 2006 The Stock Exchange of Hong Kong Limited takes no responsibility for the contentsof this announcement, makes no representation as to its accuracy or completenessand expressly disclaims any liability whatsoever for any loss whatsoever arisingfrom or in reliance upon the whole or any part of the contents of thisannouncement. AIR CHINA LIMITED (a joint stock limited company incorporated in the People's Republic of China with limited liability) (Stock Code: 753) Completion of A Share Issue The A Shares of the Company will be listed on the Shanghai Stock Exchange on 18August 2006. The Company is pleased to announce that the A Share Issue has been completed.The A Shares of the Company will be listed and commence trading on the ShanghaiStock Exchange on 18 August 2006. Some key information in respect of the AShares listing is as follows: Place of listing Shanghai Stock ExchangeDate of listing 18 August 2006Stock Name Air China Stock Code 601111Total number of issued shares 11,072,210,909 (comprising 3,226,532,000 in the Company after H Shares and 7,845,678,909 A the A Share Issue Shares, of which 4,826,195,989 A Shares are held by CNAHC) Following the A Share Issue, pursuant to the approval of competent PRCauthorities, all the issued shares of the Company other than H Shares before theA Share Issue, namely the shares held by CNAHC and CNACG, have been registeredwith China Securities Depository and Clearing Corporation Limited as circulativeA shares with restrictive trading period and will be traded in the A sharemarket subject to 36-month lock-up period commencing from the date of listing. The Company will publish a full announcement in the newspapers in the PRC on 17August 2006. The said announcement will set out the above information, detailsof the A Share Issue as well as basic information about the Company. Theannouncement can be viewed at the website of the Shanghai Stock Exchange(www.sse.com.cn) with effect from 17 August 2006. DEFINITIONS In this announcement, unless the context otherwise requires, the following termsshall have the following meanings: "A Shares" The ordinary shares of RMB1.00 each issued by the Company and listed on the Shanghai Stock Exchange "A Share Issue" the issue of 1.639 billion A Shares by the Company to qualified institutional investors as approved by CSRC and investors including domestic individuals, legal persons and etc. who have opened accounts at the Shanghai Stock Exchange (except those prohibited from subscribing for the shares by the applicable laws and regulations at the time of the A Share Issue), which are proposed to be listed on the Shanghai Stock Exchange "Company" Air China Limited, a company incorporated in the People's Republic of China with primary listing on The Stock Exchange of Hong Kong Limited and secondary listing on the Official List of the UK Listing Authority "CNACG" China National Aviation Corporation (Group) Limited, a company incorporated under the laws of Hong Kong and a wholly-owned subsidiary of CNAHC as at the date of this announcement "CNAHC" China National Aviation Holding Company, a company incorporated under the laws of the People's Republic of China which currently directly owns approximately 43.59% of the Company's share capital as at the date of this announcement "Director(s)" the director(s) of the Company "H Shares" Overseas listed foreign shares of RMB1.00 each in the share capital of the Company which are listed on the Hong Kong Stock Exchange and traded in Hong Kong dollars and admitted to the Official List of the UK Listing Authority and are admitted for trading on the market for listed securities of the London Stock Exchange "PRC" the People's Republic of China, excluding, for the purpose of this announcement only, Hong Kong, Macau and Taiwan "RMB" Renminbi, the lawful currency of the PRC By order of the Board Air China Limited Zheng Baoan Li Man Kit Joint Company Secretaries Beijing, 17 August 2006 As at the date of this announcement, the Directors of the Company are Messrs LiJiaxiang, Kong Dong, Wang Shixiang, Yao Weiting, Christopher Dale Pratt, MaXulun, Cai Jianjiang, Fan Cheng, Hu Hung Lick, Henry*, Wu Zhipan*, Zhang Ke* andJia Kang*. * Independent non-executive Director of the Company This information is provided by RNS The company news service from the London Stock Exchange