Bond technology controlling shareholder of convertible exchangeable bonds into the

Updated: May 23, 2016  Views: 1124

China Securities Network News Bond technology disclosed May 23 evening, the controlling shareholder Bond Group Limited 25 November 2015 to non-public offering of A shares of the Company held by part of the subject matter of exchangeable bonds. The exchangeable Notes will enter the May 26, 2016 Conversion period, the initial conversion price of 19.00 yuan / share, convertible period is from May 26, 2016 and until the date of exchangeable bonds delisted.

Bond Group exchangeable debt issue size of 760 million yuan, issued for a period of 2 years. The company shares were 23 closed at 21.65 yuan, more than the price premium convertible market determine the conversion of the possibility of a larger company, said Bond during the group convertible, Bond Group shares as investors may choose convertible and the reduction of shareholdings.

Up to now, the company's actual control of Lin Sun printed on the actual control of Bond Group and Jiangxi Wing Agricultural Holdings Limited hold the Company 17,548.5305 million, 16,529.00 million shares, accounting for the total capital ratio was 26.13%, 24.61%, Therefore, the Bond Group of the company's largest shareholder, Jiangxi Wing-based company's second largest shareholder.

After entering the Conversion Period, the Group Bond investors might choose the Convertible Shares reduced according to this exchangeable bond for the maximum number of shares exchanged 4,000 shares is estimated that this convertible exchangeable bonds completed, Bond the number of shares will be 13,548.5305 Group shares, its stake to 20.17%. Click here to estimates, Jiangxi Wing will become the company's largest shareholder, Bond Group will be the second largest shareholder, actual controller remained unchanged, Lin Sun and India remains. (Hu Xinyu


www.get-top-news.com Get Top News, Latest News and Current News from get-top-news.com. Latest Current News: U.S., China, World, Entertainment, Health, Finance, Business, echnology, Travel, Politics, Sports.

Traditional Chinese: 正邦科技控股股東可交換債進入換股期


Related Finance

Top