EFFECT ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. To the best knowledge of the Directors and the Company, assuming that no other Shares will be issued, the following table is an illustrative summary of the shareholding structure of the Company (i) as at the date of this announcement; and (ii) immediately after the allotment and issue of the Conversion Shares (based on the lower limit of the Conversion Price and assuming full conversion of the Convertible Bonds): Delight Grace Limited (Note 1) 506,666,666 14.30 506,666,666 12.19 Legend Win Profits Limited Xx. Xx Won Kong, Xxxxxx 103,007,364 2.91 103,007,364 2.48 Xx. Xx Xxx Xxx, Xxxxx (Note3) 2,900,000 0.08 2,900,000 0.07 The Vendor – – 613,333,333 14.75 Other public Shareholders 2,777,833,146 78.38 2,777,833,146 66.82
EFFECT ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. As at the date of this announcement, the Company has 5,087,207,546 Shares in issue. The table below sets out the shareholding structure of the Company (i) as at the date of this announcement; and (ii) upon full conversion of the Convertible Bonds (assuming that there will be no other change to the total issued share capital of the Company between the date of this announcement and upon the full conversion of the Convertible Bonds and that no interest of the Convertible Bonds would be settled and paid to Primary Partner between the date of this announcement and the Extended CB Maturity Date):
EFFECT ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. For illustration purposes, the changes of the shareholding structures of the Company following the completion of the Fifth Connected Subscription are as follows: Shareholders Immediately before the Completion of the Fifth Connected Subscription Immediately after the Completion of the Fifth Connected Subscription Number ofShares Approximate% Number ofShares Approximate% Xx. Xxxxxx Xxx 265,005,246 29.41% 265,005,246 28.79% Ms. Xxx 18,148,000 2.01% 18,148,000 1.97% Xx. Xxx KM 23,992,000 2.66% 23,992,000 2.61% Sub-total 307,145,246 34.08% 307,145,246 33.37% Diamond Wealth 262,084,380 29.09% 262,084,380 28.47% China Everbright Financial Investments Limited (Note 3) 822,000 0.09% 822,000 0.09% Mr. Xx 88,000 0.01% 88,000 0.01% Sino Expo (Note 4) 12,950,000 1.44% 12,950,000 1.41% Sub-total 275,944,380 30.63% 275,944,380 29.98% Xx. Xxx 6,544,000 0.73% 6,544,000 0.71% Future China Investment (Note 5) — — 19,377,000 2.11% No. of Shares held by connected persons of the Company 589,633,626 65.44% 609,010,626 66.17% Third Subscriber 14,532,000 1.61% 14,532,000 1.58% Other public Shareholders 296,850,768 32.95% 296,850,768 32.25% No. of Shares held by the public Shareholders 311,382,768 34.56% 311,382,768 33.83% Total 901,016,394 100.00% 920,393,394 100.0%
EFFECT ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. For illustration purposes, the effect of the completion of the Placing (as supplemented by the Supplemental Placing Agreement) on the shareholding structure of the Company is set out below:
EFFECT ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. On the assumption that the Convertible Loan would be converted into Conversion Shares in full at the Conversion Price of HK$2.22 per Share and there is no adjustment to the Conversion Price pursuant to the Convertible Loan Agreement, the aggregate principal amount of the Convertible Loan of HK$200,000,000 is convertible into approximately 90,090,090 Conversion Shares, which represent approximately 9.01% of the issued share capital of the Company as at the date of this announcement and approximately 8.26% of the issued share capital of the Company as enlarged by the allotment and issue of the Conversion Shares (without taking into account any Shares which may be issued by the Company after the date of this announcement including Shares which may fall to be issued pursuant to the exercise of options under the Share Option Scheme). To the best of the Directors’ knowledge, information and belief after having made all reasonable enquiries, assuming that there is no change in the issued share capital of the Company prior to the conversion of the Convertible Loan, the shareholding structure of the Company (i) as at the date of this announcement; and (ii) assuming full conversion of the Convertible Loan at the Conversion Price of HK$2.22 per Share and there is no adjustment to the Conversion Price pursuant to the Convertible Loan Agreement, will be as follows: per Share No. of Shares Approximate No. of Shares Approximate % % Xxxxxx Capital Limited (Note 1) 750,000,000 75 750,000,000 68.80 RAYS Capital Partners Limited (Note 2) 90,112,000 9.01 90,112,000 8.27 IFC – – 90,090,090 8.26 Other Shareholders 159,888,000 15.99 159,888,000 14.67 Total 1,000,000,000 100 1,090,090,090 100 Notes:
EFFECT ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. The following table illustrates the shareholding structure of the Company (i) as at the date of this announcement; (ii) upon full conversion of the Convertible Bonds by Subscriber B (assuming that there will be no other change to the total issued share capital of the Company between the date of this announcement and upon full conversion of the Convertible Bonds by Subscriber B, and none of the Existing Convertible Bonds and the Convertible Bonds to be subscribed by Subscriber A have been converted into the Shares in accordance with its terms thereof) (“Scenario 1”); (iii) upon full conversion of the Convertible Bonds (assuming that there will be no other change to the total issued share capital of the Company between the date of this announcement and upon full conversion of the Convertible Bonds, and none of the Existing Convertible Bonds have been converted into the Shares in accordance with its terms thereof) (“Scenario 2”); and (iv) upon full conversion of the Convertible Bonds and the Existing Convertible Bonds (assuming that there will be no other change to the total issued share capital of the Company between the date of this announcement and full conversion of the Convertible Bonds and the Existing Convertible Bonds) (“Scenario 3”): NumberShareholders of Shares shareholding percentage Number of Shares shareholding percentage Number of Shares shareholding percentage Number of Shares shareholding percentage Mobile Technology Holdings Limited (“MTHL”) (Note 1) 476,666,667 25.11% 476,666,667 25.04% 476,666,667 24.88% 476,666,667 22.36% Metagate Investment SPC (“Metagate”) (Note 2) 304,460,000 16.04% 304,460,000 15.99% 304,460,000 15.89% 404,328,590 18.97% Xx. Xxxx Hok Man (“Xx. Xxxx”) (Note 2) 19,880,000 1.05% 19,880,000 1.04% 19,880,000 1.04% 105,504,011 4.95% Gold Track Ventures Limited (“Gold Track”) (Note 3) 200,000,000 10.53% 200,000,000 10.50% 200,000,000 10.44% 200,000,000 9.38% Xx. Xxxxx Chi Kit (“Xx. Xxxxx”) (Note 3) 4,880,000 0.26% 4,880,000 0.26% 4,880,000 0.25% 4,880,000 0.23% Straum Investments Limited (“Straum Investments”) (Note 4) 138,000,000 The Subscribers 7.27% 138,000,000 7.25% 138,000,000 7.20% 138,000,000 6.47%
EFFECT ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. The shareholding structure of the Company immediately before and after completion of the Open Offer is set out below: Immediately after completion of the Open offer Number ofShares Approximately% Number ofShares Approximately% Substantial Shareholder Concert Group: Rhenfield Development Corp. (Note 1) 165,564,529 10.14 300,972,862 12.29 Xxxxx Xxx Nok Xxxxx (Note 2) Xxxxx Xxx Xxxx Xxxxxx (Note 3) Xx. Xxxxx and Xx. Xxxx (Note 4) 213,163,534 – 9,470,000 13.05 – 0.58 407,440,675 – 14,205,000 16.63 – 0.58 Sub-total: 388,198,063 23.77 722,618,537 29.50 Directors: Xxxx Xxx Xxx 1,000,000 0.06 1,500,000 0.06 Xxxx Xxxx Wa Xxxx 1,300,000 0.08 1,950,000 0.08 Xxxx Xxx Wa Xxxxxx 2,000,000 0.12 3,000,000 0.12 Public Shareholders 1,240,538,025 75.97 1,720,485,595 70.24 Total 1,633,036,088 100.00 2,449,554,132 100.00 Note(s):
EFFECT ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. To the best of the Directors’ knowledge, information and belief after having made all reasonable enquiries, the existing shareholding structure of the Company and the effect of allotment and issue of the Consideration Shares on the shareholding structure of the Company upon Closing is set out as below: Wonderful Cosmos Limited(2) 586,500,000 51% 586,500,000 49.08% Xx. Xxxx Xxx Xxxx(3) 1,365,000 0.12% 1,365,000 0.11% 4,045,000(4) 0.36% 4,045,000(4) 0.34% Jasons Holdings 0 0% 45,000,000 3.77% Public Shareholders 558,090,000 48.53% 558,090,000 46.70% Total 1,150,000,000 100% 1,195,000,000 100%
EFFECT ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. Upon issuance, the new Domestic Shares to be issued under the TBEA Subscription Agreement will rank pari passu in all respect with those Domestic Shares already issued. Assuming that there are no other changes to the total issued share capital of the Company and the number of Shares held by Shareholders from the date of this announcement to the date of the completion of the Issuance of H Shares and TBEA Subscription, the shareholding structure of the Company (1) as at the date of this announcement; (2) immediately upon completion of the Issuance of H Shares (assuming the number of H Shares to be issued is 62,695,126 Shares); and (3) immediately upon completion of the Issuance of H Shares and the TBEA Subscription (the “Issuance”) is set out below: Number ofShares total issuedShares Number ofShares total issuedShares Number ofShares total issuedShares 785,144,487 65.43% 785,144,487 62.18% 952,449,361 66.60% TBEA and its close associates Other Domestic Shares Shareholders Sub-total Placees Existing public H Shares Shareholders Sub-total Total Note: Numbers may not add up to 100 per cent due to rounding.
