Securities code: 688118 securities abbreviation: Primeton Information Technologies Inc(688118) Announcement No.: 2022-005 Primeton Information Technologies Inc(688118)
Announcement on the progress of repurchasing the company’s shares by means of centralized bidding transaction
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
1、 Basic information of share repurchases
Primeton Information Technologies Inc(688118) (hereinafter referred to as “the company”) held the second meeting of the Fourth Board of directors on May 24, 2021, deliberated and adopted the proposal on the second phase of repurchase of the company’s shares by means of centralized bidding transaction, and agreed that the company would repurchase part of the issued RMB common shares (A shares) of the company by means of centralized bidding transaction. The repurchased shares will be fully used for employee stock ownership plan or equity incentive at an appropriate time in the future. The repurchased price shall not exceed 30.00 yuan / share (inclusive), and the total repurchased funds shall not be less than 50 million yuan (inclusive) and not more than 70 million yuan (inclusive). The repurchase period shall be within 12 months from the date when the company’s board of directors deliberates and approves the repurchase plan. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on May 25, 2021 and June 1, 2021 The announcement of Primeton Information Technologies Inc(688118) on the second phase of the company’s share repurchase scheme by means of centralized bidding transaction (Announcement No.: 2021-052) and the repurchase report of Primeton Information Technologies Inc(688118) on the company’s share repurchase by means of centralized bidding transaction (Announcement No.: 2021-055) disclosed on the.
The annual equity distribution of the company in 2020 has been completed, and the upper limit of the share repurchase price has been adjusted from no more than 30.00 yuan / share (inclusive) to no more than 29.70 yuan / share (inclusive). For details, see the company’s website of Shanghai Stock Exchange on June 25, 2021 (www.sse. Com. CN.) Primeton Information Technologies Inc(688118) ‘s announcement on the adjustment of the price cap of repurchase shares after the implementation of the annual equity allocation in 2020 (Bulletin number: 2021-058).
2、 Progress of share repurchase
According to the relevant provisions of the detailed rules for the implementation of share repurchase by listed companies of Shanghai Stock Exchange, during the period of share repurchase, the company shall announce the progress of share repurchase as of the end of last month within the first three trading days of each month. The progress of the company’s repurchase is now announced as follows:
Through the trading system of Shanghai Stock Exchange, the company implemented the second phase of repurchase of the company’s shares by means of centralized bidding transaction. As of January 31, 2022, the cumulative number of shares repurchased was 1649972, accounting for 1.73% of the company’s total share capital of 95400000 shares. The highest price of repurchase transaction was 25.49 yuan / share and the lowest price was 21.25 yuan / share, The total amount of funds paid is RMB 37710918.97 (excluding stamp duty, transaction commission and other transaction expenses). The above repurchased shares comply with the provisions of laws and regulations and the company’s share repurchase plan.
As of January 31, 2022, the company has repurchased 3079933 shares (including the shares repurchased in phase I and phase II) through the trading system of Shanghai stock exchange through centralized bidding, accounting for 3.23% of the total share capital of 95400000 shares, and the total amount of funds paid is 67701509.58 yuan (excluding stamp duty, Trading Commission and other transaction expenses).
3、 Other matters
In strict accordance with the detailed rules for the implementation of share repurchase by listed companies of Shanghai Stock Exchange and the company’s share repurchase plan, the company will choose the opportunity to make and implement the repurchase decision according to the market conditions within the repurchase period, and fulfill the obligation of disclosure in time according to the progress of share repurchase. Please pay attention to the investment risk.
It is hereby announced.
Primeton Information Technologies Inc(688118) board of directors February 9, 2022
