Securities code: 601728 securities abbreviation: China Telecom Corporation Limited(601728) Announcement No.: 2022-004 China Telecom Corporation Limited(601728)
Announcement on the listing and circulation of offline placement restricted shares in the initial public offering
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
The number of restricted shares listed and circulated this time is 986228087
The listing and circulation date of restricted shares is February 21, 2022
1、 Types of restricted shares listed this time
Approved by the reply on approving China Telecom Corporation Limited(601728) initial public offering of shares (zjxk [2021] No. 2541) of China Securities Regulatory Commission and approved by Shanghai Stock Exchange, China Telecom Corporation Limited(601728) (hereinafter referred to as “the company”) made an initial public offering of 10396135267 RMB common shares (A shares) (hereinafter referred to as “initial public offering” or “this offering”) to the public (before the exercise of over allotment option), and was listed on Shanghai Stock Exchange on August 20, 2021.
On September 22, 2021, the exercise period of the over allotment option expired, and the company issued 178635111 additional shares on the basis of the initial issuance of 10396135267 shares, accounting for about 1.7% of the initial issued shares. The final issued shares after the initial public offering and partial exercise of the over allotment option were 10574770378 shares.
The total share capital of the company before the initial public offering was 80932368321 shares, and after the initial public offering and partial exercise of the over allotment option, the total share capital was 91507138699 shares, including 73224400408 shares with limited sale conditions, accounting for 80.02% of the total share capital of the company, and 4405328291 shares with unlimited sale conditions, accounting for 4.81% of the total share capital of the company.
The restricted shares listed and circulated this time are the company’s initial public offering of A-share offline placement restricted shares, with a total of 986228087 shares, accounting for 1.08% of the company’s total share capital, involving 6287 shareholders (including 6281 offline placement investors and 6 Underwriters). The lock up period of this part of restricted shares is 6 months from the date when the company’s A-share shares are listed on the Shanghai Stock Exchange. The lock up period will expire and be listed and circulated on February 21, 2022 (since February 20, 2022 is a non trading day, the listing and circulation date will be postponed to February 21, 2022).
2、 Changes in the number of share capital of the company since the formation of the restricted shares
Since the formation of the restricted shares, in addition to exercising the over allotment option, the company has not experienced any change in the number of share capital due to distribution and conversion of provident fund.
3、 Relevant commitments on the listing and circulation of restricted shares
According to the China Telecom Corporation Limited(601728) initial public offering arrangement and preliminary inquiry announcement, the offline issuing investors applying for lifting the restrictions on the sale of shares are subject to the following restrictions:
“In offline issuance, 30% of the shares allocated to each placing object have no lock period, which can be circulated from the date when the shares issued this time are listed and traded on the Shanghai Stock Exchange; 70% of the shares have a lock period of 6 months, and the lock period is calculated from the date when the shares issued this time are listed and traded on the Shanghai Stock Exchange.
When offline investors participate in the preliminary inquiry and quotation and offline purchase, they do not need to manage the placement
The object fills in the lock-in period arrangement, and once the quotation is made, it is deemed to accept the offline lock-in period disclosed in this announcement
Arrangements. “
The shareholders applying for lifting the restrictions on the sale of shares have strictly fulfilled the above commitments or arrangements on the sale of shares and are not allowed to
There are circumstances that affect the listing and circulation of restricted shares due to failure to fulfill relevant commitments or arrangements.
4、 Verification opinions of intermediary institutions
China International Capital Corporation Limited(601995) , China Securities Co.Ltd(601066) as a company
After verification, the continuous supervision and recommendation institution for the initial public offering and listing of shares believes that:
The listing and circulation of restricted shares complies with the company law of the people’s Republic of China and the certificate of the people’s Republic of China
Securities law, listing rules of Shanghai Stock Exchange and other relevant laws, regulations and normative documents
Requirements of the; The shareholders who lifted the restricted shares have strictly fulfilled the relevant commitments or arrangements; This time
The number of shares subject to restrictions on sale and the listing and circulation time are in line with relevant laws, administrative regulations and departments
Rules, relevant rules and shareholder commitments or arrangements; As of the date of issuance of its verification opinions, the company has
The information disclosure related to the listing and circulation of restricted shares is true, accurate and complete. Recommendation institution to the public
The company has no objection to the listing and circulation of restricted shares this time.
5、 Listing and circulation of restricted shares
(I) the number of restricted shares listed and circulated this time is 986228087;
(II) the listing and circulation date of restricted shares is February 21, 2022;
(III) detailed list of listing and circulation of restricted shares
Unit: shares
No. name of shareholders holding Limited shares holding Limited shares accounts for the remaining
Quantity proportion of the company’s total share capital number of shares on the market
1. Offline placement of 986228087 in this issuance: 1.08% 986228087 0
Holders of restricted shares
6、 Statement of changes in share capital structure
Unit: shares
Type of shares changes in restricted shares this time before and after the restricted shares are listed and circulated this time
1. Shares held by shareholders 67054958321 0 67054958321 before this offering
2. Strategic placement shares with limited conditions 5183214000 0 5183214000
A-share tradable shares 3. Offline placement restricted shares 986228087 – 986228087 0
Subtotal 73224400408 – 986228087 72238172321
A-share tradable shares without sale conditions 4405328291 986228087 5391556378
H shares 1387741000 0 1387741000
Total shares 91507138699 0 91507138699
7、 Online announcement attachment
About China International Capital Corporation Limited(601995) , China Securities Co.Ltd(601066)
Verification of the listing and circulation of offline placement restricted shares issued by China Telecom Co., Ltd
See
It is hereby announced.
China Telecom Corporation Limited(601728)
Board of directors
February 15, 2002
