Last checked at 2 Nov 2016 07:30
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AIR CHINA LIMITED
(a joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 00753)
CSRC'S FORMAL APPROVAL ON NON-PUBLIC ISSUE OF A SHARES OVERSEAS REGULATORY ANNOUNCEMENT
Reference is made to the announcements of Air China Limited (the "Company") dated 21 July 2016 and 22 July 2016 relating to the non-public issue of A shares by the Company.
On 31 October 2016, the Company has received a formal approval from China Securities Regulatory Commission (中國證券監督管理委員會) (the "CSRC") that the Company is approved to place no more than 1,540,436,456 new A shares. The formal approval will expire after six months upon the date of approval. The board of directors of the Company will proceed the placing of A shares according to the authorisation from the shareholders' meeting of the Company and the requirements of formal approval from the CSRC as early as possible.
This announcement is made pursuant to Rules 13.09(2)(a) and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).
By order of the Board
Air China Limited
Rao Xinyu Tam Shuit Mui
Joint Company Secretaries
Beijing, the PRC, 1 November 2016
As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.
* Independent non-executive director of the Company