Securities code: 600077 securities abbreviation: Sundy Land Investment Co.Ltd(600077) Announcement No.: pro 2022-018 Sundy Land Investment Co.Ltd(600077)
Announcement on extending the duration of employee stock ownership plan in 2016
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.
The company's 2016 employee stock ownership plan was deliberated and approved at the 38th meeting of the eighth board of directors and the first extraordinary general meeting of shareholders in 2016 held on March 7, 2016 and March 23, 2016. The duration of the ESOP is 24 months, calculated from the date of deliberation and approval by the general meeting of shareholders. As of March 31, 2016, the company has completed the purchase of shares in this employee stock ownership plan. The company's employee stock ownership plan has purchased 49946767 shares of the company through the trading system of Shanghai Stock Exchange, with an average transaction price of 5.406 yuan / share, a transaction amount of about 270 million yuan, and the number of shares purchased accounts for 3.73% of the company's total share capital.
The company's 2016 employee stock ownership plan extension and other matters have been deliberated and approved at the 27th meeting of the ninth board of directors, the 28th meeting of the ninth board of directors and the 2017 annual general meeting of shareholders held on January 23, 2018, February 8, 2018 and March 2, 2018. The company has revised the total amount of funds raised, stock source, management mode, duration and other contents of the employee stock ownership plan in 2016, and formulated the revised draft of Sundy Land Investment Co.Ltd(600077) 2016 employee stock ownership plan (Draft) (hereinafter referred to as the "draft of Stock Ownership Plan").
On March 23, 2018, Sundy Land Investment Co.Ltd(600077) - 2016 employee stock ownership plan undertook 49946767 shares of the company held by "Ping An Huitong Sundy Land Investment Co.Ltd(600077) employee stock ownership specific customer asset management plan" through block trading, accounting for 3.73% of the total share capital of the company. The transaction price was 3.28 yuan / share at the closing price on March 23, 2018, and the transaction amount was 163825395.76 yuan. The above-mentioned shares undertaken through block trading have no lock term, and the duration of the employee stock ownership plan in 2016 is extended to March 22, 2020. On December 17, 2019, the company held the 8th meeting of the 10th board of directors and the 7th Meeting of the 10th board of supervisors, deliberated and adopted the proposal on extending the duration of the employee stock ownership plan in 2016 respectively, and the shares held by the employee stock ownership plan during the extended period were unlocked. The board of directors agrees that according to the voting results of the shareholders' meeting,
It is decided to extend the duration of the employee stock ownership plan for two years, that is, to March 22, 2022. As of the disclosure date of this announcement, the number of shares held by the employee stock ownership plan has not changed. The number of shares held by the company is 49946767 shares, which are deposited in the securities account of " Sundy Land Investment Co.Ltd(600077) - 2016 Employee Stock Ownership Plan".
According to the provisions of the draft stock ownership plan: "the duration of the employee stock ownership plan can be extended two months before the expiration of the duration of the employee stock ownership plan after more than 2 / 3 of the shares held by the holders attending the shareholders' meeting are agreed and submitted to the board of directors for deliberation and approval." On January 17, 2022, with the consent of more than 2 / 3 of the shares held by the holders attending the shareholders' meeting, based on the confidence in the future sustainable and stable development of the company and the judgment of the value of the company's shares, and in order to safeguard the interests of the holders of the employee stock ownership plan, the proposal on extending the duration of the employee stock ownership plan in 2016 was passed, It is decided to extend the duration of the ESOP for two years until March 22, 2024. On January 21, 2022, the company held the 34th meeting of the 10th board of directors and the 32nd meeting of the 10th board of supervisors, deliberated and adopted the proposal on extending the duration of the employee stock ownership plan in 2016 respectively, and the shares held by the employee stock ownership plan during the extension period were unlocked. The board of directors agreed to extend the duration of the ESOP for two years according to the voting results of the shareholders' meeting, that is, to March 22, 2024. If the shares have not been sold at the expiration of the extended period of two years, the holders' meeting and the board of directors may be convened again two months before the expiration to consider subsequent matters. The board of supervisors considered that the extension of the duration of the company's employee stock ownership plan in 2016 was based on the consideration that the actual situation of the company's development was getting better and better, and agreed with the proposal of the company's holders.
It is hereby announced.
Sundy Land Investment Co.Ltd(600077) board of directors
January 22, 2022
