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On February 6, Silver Jubilee Technology (300221.
SZ) issued a pre-disclosure announcement on the completion of the previous shareholding reduction plan by shareholders holding more than 5% of the shares and plans to continue to reduce their holdings
.
On July 23, 2019, the company disclosed the "Pre-Disclosure Announcement on the Share Reduction Plan for Shareholders Holding More than 5% of the Shares Expired and the Subsequent Shareholding Reduction Plan".
Silver Jubilee Group Co.
, Ltd.
"Silver Jubilee Group") plans to reduce the company's shares in the form of centralized bidding transactions or block transactions within 6 months after 15 trading days from the date of the announcement; the company disclosed the "Shareholding 5 The Announcement on the Reduction of Shares by Shareholders with More than % Shares by 1% and the Completion of the Central Bidding Transaction Share Reduction Plan", Silver Jubilee Group has completed the call auction reduction in the plan
.
The company has recently received the "Notice on Silver Jubilee Group's Termination of Block Trading Share Reduction Plan and Proposed Centralized Bidding Share Reduction" issued by Silver Jubilee Group.
Silver Jubilee Group has decided to terminate the block trade holding reduction plan issued on July 23, 2019.
, and within 3 months after 15 trading days from the date of the announcement of the company, reduce the company's shares by no more than 4,499,435 shares (not more than 1% of the company's total share capital after deducting the special account for repurchase) through centralized bidding transactions.
details as following:
1.
Implementation of the shareholding reduction plan on July 23, 2019
On November 19, 2019, Silver Jubilee Group completed the centralized bidding reduction in the secondary market in the reduction plan.
Announcement on the completion of the centralized bidding transaction reduction plan
.
The Silver Jubilee Group recently issued a notification letter to the company, deciding to terminate the block trading plan on July 23, 2019
.
In conclusion, Silver Jubilee Group has completed its shareholding reduction plan issued on July 23, 2019
.
Reasons for the reduction: Mainly due to the financial needs of the Silver Jubilee Group
.
Silver Jubilee Group does not belong to the controlling shareholder and actual controller of the company.
The implementation of this share reduction plan will not lead to a change in the company's control and will not affect the company's continuous operation
.
Silver Jubilee Group will decide whether to implement this share reduction plan according to market conditions, company stock price and other circumstances.
There are uncertainties in the reduction period and price of this share reduction plan, as well as whether the implementation will be completed on schedule.
The company will disclose the progress of the implementation of the share reduction plan as required
.
Risk warning: All the information presented by Capital State is only for investment reference and does not constitute investment advice.
All investment operation information cannot be used as investment basis
.
Investment is risky, be cautious when entering the market!
