Securities code: 688118 securities abbreviation: Primeton Information Technologies Inc(688118) Announcement No.: 2022-006 Primeton Information Technologies Inc(688118)
Announcement on the repurchase of shares of the company in the form of centralized bidding transaction reaching 2% of the total share capital and the progress of repurchase
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 guidelines for self discipline supervision of listed companies on Shanghai Stock Exchange No. 7 – share repurchase, during the period of share repurchase, the company shall make an announcement within 3 days from the date of occurrence of each increase of 1% of the share repurchase in the total share capital of the listed company. The progress of the company’s share repurchase is hereby 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 February 15, 2022, the cumulative number of shares repurchased was 1940282, accounting for 2.03% of the company’s total share capital of 95400000 shares, an increase of 0.30% compared with the number disclosed last time. The highest price of repurchase transaction was 26.40 yuan / share and the lowest price was 21.25 yuan / share, The total amount of funds paid is RMB 45027610.96 (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 February 15, 2022, the cumulative number of shares repurchased by the company through the trading system of Shanghai stock exchange through centralized bidding trading is 3370243 shares (including shares repurchased in phase I and phase II), accounting for 3.53% of the total share capital of the company of 95400000 shares, The total amount of funds paid is 75018201.57 yuan (excluding stamp duty, transaction commission and other transaction expenses).
3、 Other matters
The company will, in strict accordance with the relevant provisions of the guidelines on self discipline supervision of listed companies on Shanghai Stock Exchange No. 7 – share repurchase and the company’s share repurchase plan, make and implement the repurchase decision according to the market conditions within the repurchase period, and timely fulfill the disclosure obligation according to the progress of the share repurchase. Please pay attention to the investment risks.
It is hereby announced.
Primeton Information Technologies Inc(688118) board of directors February 16, 2022
