Securities code: 688008 securities abbreviation: Montage Technology Co.Ltd(688008) Announcement No.: 2022-008 Montage Technology Co.Ltd(688008)
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.
Important content tips:
As of January 31, 2022, Montage Technology Co.Ltd(688008) (hereinafter referred to as “the company”) has repurchased 3873000 shares of the company through centralized bidding trading through the trading system of Shanghai Stock Exchange, accounting for 0.34% of the company’s total share capital of 1132824111 shares. The highest price of repurchase transaction is 84.99 yuan / share and the lowest price is 72.56 yuan / share, The total amount of funds paid is 300020229.56 yuan (excluding stamp duty, transaction commission and other transaction expenses).
1、 Basic information of share repurchases
The company held the second meeting of the second board of directors on October 28, 2021, deliberated and approved the proposal on repurchase of the company’s shares by means of centralized bidding transaction, and agreed that the company would repurchase part of the company’s issued RMB common shares by means of centralized bidding transaction with its own funds through the trading system of Shanghai Stock Exchange. The repurchased shares will be fully used for employee stock ownership plan and / or equity incentive at an appropriate time in the future. The repurchase price shall not exceed 86 yuan / share (inclusive), and the total repurchase funds shall not be less than 300 million yuan (inclusive) and not more than 600 million yuan (inclusive). The repurchase period shall be within 6 months from the date when the company’s board of directors deliberates and approves the repurchase plan. For details, please refer to the announcement of Montage Technology Co.Ltd(688008) on the scheme of repurchasing the company’s shares by means of centralized bidding transaction (Announcement No.: 2021-043) disclosed by the company on the website of Shanghai Stock Exchange (www.sse. Com.. cm) on October 29, 2021 and November 5, 2021 Report on Montage Technology Co.Ltd(688008) repurchase of shares of the company through centralized bidding transaction (Announcement No.: 2021-046).
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, the company shall announce the progress of share repurchase as of the end of last month on the first three trading days of each month. The specific progress of the company’s share repurchase is hereby announced as follows:
In January 2022, the company did not buy back shares through centralized bidding trading through the trading system of Shanghai Stock Exchange. As of January 31, 2022, the company has repurchased 3873000 shares of the company through the trading system of Shanghai stock exchange through centralized bidding, accounting for 0.34% of the company’s total share capital of 1132824111 shares. The highest price of repurchase transaction is 84.99 yuan / share and the lowest price is 72.56 yuan / share, The total amount of funds paid is 300020229.56 yuan (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.
3、 Other matters
In strict accordance with the detailed rules for the implementation of share repurchase by listed companies on Shanghai Stock Exchange and the company’s share repurchase plan, the company will choose the opportunity to make the repurchase decision and implement it according to the market conditions within the repurchase period. At the same time, the company will timely perform the obligation of information disclosure according to the progress of share repurchase. Please pay attention to the investment risks.
It is hereby announced.
Montage Technology Co.Ltd(688008) board of directors
February 9, 2022
