Stock abbreviation: Foshan Electrical And Lighting Co.Ltd(000541) (A shares) Guangdong lighting B (B shares)
Stock Code: 000541 (A shares) 200541 (B shares)
Announcement No.: 2022-001
Foshan Electrical And Lighting Co.Ltd(000541)
Announcement on resolutions of the 26th meeting of the 9th board of directors
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
The company sent the meeting notice to all directors by e-mail on January 11, 2022, and held the 26th meeting of the ninth board of directors on January 14, 2022. The meeting deliberated the meeting proposal by means of communication and fax. All 9 directors at the meeting voted on the meeting proposal, which is in line with the relevant provisions of the company law and the articles of association. The meeting deliberated and adopted the proposal on canceling some shares of the company’s repurchase special securities account with 9 affirmative votes, 0 negative votes and 0 abstention votes.
According to the plan on repurchase of some RMB common shares (A shares) and domestic listed foreign shares (B shares) of the company, the repurchase period of the company’s shares will expire as of December 18, 2021. For details, see the announcement on the expiration of the repurchase period and the implementation results of repurchase disclosed on cninfo.com on December 21, 2021. According to relevant regulations, the board of directors agreed to use the 13 million A-Shares repurchased for the equity incentive plan. After deducting the 13 million A-Shares used for the equity incentive plan, the remaining 18952995 A shares repurchased and 18398512 B shares repurchased, totaling 37351507 shares, will be cancelled. If the 13 million A-Shares used in the equity incentive plan are not granted successfully within the time specified by relevant laws and regulations, or the incentive objects are not granted successfully due to retirement, resignation or other reasons, the shares that are not granted successfully will be cancelled in the follow-up. The specific implementation of the equity incentive plan shall also comply with the relevant provisions of the state-owned assets supervision and administration department on the implementation of the equity incentive plan by state-controlled listed companies, and can be implemented only with the consent of the company’s board of directors, the general meeting of shareholders and the state-owned assets supervision and Administration department.
After the share cancellation, the total share capital of the company was changed from 1399346154 shares to 1361994647 shares.
For details, please refer to the announcement on cancelling some shares of the company’s special securities account for repurchase disclosed by the company on the same day.
Foshan Electrical And Lighting Co.Ltd(000541) board of directors
January 14, 2022
