Securities code: Sany Heavy Industry Co.Ltd(600031) securities abbreviation: Sany Heavy Industry Co.Ltd(600031) Announcement No.: 2022012 Sany Heavy Industry Co.Ltd(600031)
Announcement of independent exercise results of stock options and share changes
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 exercise of stock options: from December 31, 2021 to March 31, 2022, the number of independent exercise of stock options of the company was 698188, accounting for 8.64% of the number of qualified exercise of 8082130 in the third exercise period reserved and granted by the company’s equity incentive plan in 2016. Cumulative exercise of stock options: as of March 31, 2022, the company reserved 8064630 shares for the third exercise period in the 2016 equity incentive plan, accounting for 99.78% of the 8082130 qualified exercises.
1、 Overview of independent exercise of stock options
In accordance with the relevant provisions of Sany Heavy Industry Co.Ltd(600031) (hereinafter referred to as “the company”), 2016 stock option and restricted stock incentive plan, 2016 measures for the administration of the implementation and assessment of stock option and restricted stock incentive plan and other relevant provisions, and after deliberation at the 17th meeting of the seventh board of directors held on April 29, 2021, The exercise conditions for the third exercise period reserved in the 2016 equity incentive plan of the company have been fulfilled: the number of qualified stock options in the third exercise period reserved for granting stock options is 8082130, the start date of exercise is July 5, 2021, and the end date of exercise is March 1, 2022; On the second trading day (T + 2) after the exercise date of the stock.
For details, please refer to the announcement that the third exercise period of stock options reserved and granted in the 2016 equity incentive plan meets the exercise conditions disclosed on the website of Shanghai Stock Exchange on June 30, 2021.
2、 Details of independent exercise of stock options this time
From December 31, 2021 to March 31, 2022, the company’s stock option incentive objects have transferred and registered 698188 shares in China Securities Depository and Clearing Co., Ltd. Shanghai branch through independent exercise, accounting for 8.64% of the 8082130 qualified exercise shares reserved and granted in the third exercise period of the company’s equity incentive plan in 2016.
The company obtained 454520388 yuan of raised funds this time, which will be used to supplement the working capital of the company. This exercise does not have a significant impact on the company’s financial status and operating results.
As of March 31, 2022, the company’s 2016 equity incentive plan has reserved 8064630 shares for the third exercise period, accounting for 99.78% of the 8082130 qualified exercises.
3、 Changes in share capital
Unit: shares
Class capital structure stock option autonomous exercise capital structure
(December 31, 2021) (March 31, 2022)
Shares with limited sales conditions 0
Shares with unlimited sales conditions 84925878336981888493286021
Total 84925878336981888493286021
It is hereby announced.
Sany Heavy Industry Co.Ltd(600031) board of directors April 2, 2022
