Securities code: Beibu Gulf Port Co.Ltd(000582) securities abbreviation: Beibu Gulf Port Co.Ltd(000582) Announcement No.: 2022020 bond Code: 127039 bond abbreviation: Beigang convertible bond
Beibu Gulf Port Co.Ltd(000582)
Announcement on the conversion of convertible corporate bonds in the first quarter of 2022
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.
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Stock Code: Beibu Gulf Port Co.Ltd(000582) stock abbreviation: Beibu Gulf Port Co.Ltd(000582)
Bond Code: 127039 bond abbreviation: Beigang convertible bond
Conversion price: RMB 8.35/share
Conversion time: January 5, 2022 to June 28, 2027
According to the relevant provisions of the stock listing rules of Shenzhen Stock Exchange and the detailed rules for the implementation of convertible corporate bond business of Shenzhen Stock Exchange, Beibu Gulf Port Co.Ltd(000582) (hereinafter referred to as the “company”) hereby announces the conversion of “Beigang convertible bonds” and the change of the company’s share capital from the starting date of share conversion from January 5, 2022 to the end of the first quarter of 2022 as follows: I. overview of the issuance and listing of convertible corporate bonds
(I) issuance of convertible bonds
With the approval of the reply on approving Beibu Gulf Port Co.Ltd(000582) public issuance of convertible corporate bonds (zjxk [2021] No. 1185) issued by the China Securities Regulatory Commission, the company publicly issued 30 million convertible corporate bonds on June 29, 2021, with a face value of 100 yuan each, a total issuance amount of 3 billion yuan and a term of six years.
(II) listing of convertible bonds
With the consent of Shenzhen Stock Exchange (SZS [2021] No. 713), the company’s convertible corporate bonds were listed and traded in Shenzhen Stock Exchange on July 23, 2021. The bonds are referred to as “Beigang convertible bonds” for short and the bond code is “127039”.
(III) price adjustment of convertible bonds to shares
According to relevant laws and regulations and the relevant provisions of the prospectus for Beibu Gulf Port Co.Ltd(000582) public offering of convertible corporate bonds, the conversion period of the company’s convertible corporate bonds is from the first trading day six months after the end of the issuance of convertible bonds to the maturity date of convertible bonds, that is, from January 5, 2022 to June 28, 2027. The initial conversion price is 8.35 yuan / share.
On December 20, 2021, the company held the 10th meeting of the 9th board of directors, deliberated and approved the proposal on the proposed repurchase and cancellation of some granted but not unlocked restricted shares. The Company repurchased and cancelled a total of 71200 granted but not unlocked restricted shares held by two incentive objects who did not meet the unlocking conditions due to normal transfer, and the cancellation procedures were completed on February 24, 2022. Since the shares cancelled by this repurchase account for a small proportion of the total share capital of the company, after the completion of this repurchase and cancellation, the conversion price of “Beigang convertible bonds” is still 8.35 yuan / share. For details, please refer to the relevant announcement published by the company on cninfo.com on February 26, 2022.
2、 Share conversion and share changes of “Beigang convertible bonds”
From January 5, 2022 to the end of the first quarter of 2022, the amount of “Beigang convertible bonds” decreased by 207600 yuan (2076 bonds), and the number of convertible shares was 24785. As of the closing on March 31, 2022, the remaining amount of convertible bonds of “Beigang convertible bonds” is 299979240000 yuan, and the remaining bonds are 2999792400. From January 5, 2022 to the end of the first quarter of 2022, the changes of the company’s shares are as follows:
Before and after the change
Nature of shares proportion number of shares (shares) (%) number of shares (shares) number of shares (shares) (%)
1、 Restricted tradable shares 36661203922.44 – 205831036455372922.32
Executive lock up shares 0.00 + 555560.00
Restricted shares after IPO 35995378122.04 035995378122.04
Equity incentive restricted shares 65785000.40 -211386644646340.27
Restricted shares before IPO 797580.00 0797580.00
2、 Tradable shares without sale conditions 126682241577.562011895126883431077.68
3、 Total share capital 163334454100.00 – 46415163388039100.00
Note: on February 24, 2022, the Company repurchased and cancelled a total of 71200 restricted shares held by two incentive objects who no longer meet the unlocking conditions due to normal transfer, and the total share capital of the company decreased by 71200 shares.
3、 Other matters
If investors need to understand the relevant terms of “Beigang convertible bonds”, please refer to the full text of the prospectus for Beibu Gulf Port Co.Ltd(000582) public issuance of convertible corporate bonds published by the company on cninfo.com on June 25, 2021. If you have any questions about the above contents, please call the investor contact number of the Securities Department of the company at 07712519801 for consultation. 4、 Documents for future reference
1. The ” Beibu Gulf Port Co.Ltd(000582) ” share capital structure issued by Shenzhen Branch of China Securities Depository and Clearing Corporation Limited as of March 31, 2022.
2. Registration form of bondholders of “Beigang convertible bonds” issued by Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. as of March 31, 2022.
It is hereby announced
Beibu Gulf Port Co.Ltd(000582) board of directors
April 2, 2022
