Securities code: 000898 securities abbreviation: Angang Steel Company Limited(000898) Announcement No.: 2022-002 Angang Steel Company Limited(000898)
On repurchase and cancellation of some restricted shares
Announcement on reducing registered capital and notifying creditors
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Angang Steel Company Limited(000898) (hereinafter referred to as the company) held the 54th meeting of the 8th board of directors and the 20th meeting of the 8th board of supervisors on December 10, 2021, the first extraordinary general meeting of shareholders in 2022, the first meeting of shareholders of domestic shares in 2022 and the first meeting of shareholders of foreign shares in 2022 on January 6, 2022, The proposal on the repurchase and cancellation of restricted shares granted to some incentive objects of the 2020 restricted stock incentive plan but not lifted the restriction on sales and the proposal on changing the registered capital of the company and revising it accordingly were deliberated and adopted respectively
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The motion of the people’s Republic of China.
According to the measures for the administration of equity incentive of listed companies, the company’s 2020 restricted stock incentive plan (Draft) and relevant laws and regulations, 8 original incentive objects have not met the incentive conditions, and the company will repurchase and cancel all the restricted shares granted but not lifted, totaling 2229750 shares, For details, please refer to the company’s publication on cninfo (www.cn. Info. Com.. CN.) on December 11, 2021 Announcement of Angang Steel Company Limited(000898) on repurchase and cancellation of restricted shares granted to some incentive objects of 2020 restricted stock incentive plan but not lifted.
After the cancellation of this repurchase, the total share capital of the company will be reduced from 9405250201 shares to 9403020451 shares, and the registered capital will be reduced from 9405250201 yuan to 9403020451 yuan. In accordance with the provisions of the company law and other relevant laws and regulations, the company hereby notifies the creditor that the creditor has the right to require the company to pay off its debts or provide corresponding guarantee within 45 days from the date of this announcement. If the creditor fails to exercise the above rights within the specified time limit, the validity of his creditor’s rights will not be affected. The relevant debts will continue to be performed by the company according to the original creditor’s rights documents. At the same time, the company will continue to implement the repurchase cancellation and reduction of registered capital in accordance with legal procedures. If creditors require the company to pay off debts or provide corresponding guarantees, they shall submit a written request to the company in accordance with the provisions of the company law and other relevant laws and regulations, and attach relevant supporting documents.
It is hereby announced.
Angang Steel Company Limited(000898)
Board of directors
January 6, 2022
