CSRC'S APPROVAL ON NON-PUBLIC ISSUE OF A SHARES

RNS Number : 1057O

Air China Ld

02 November 2016

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

AIR CHINA LIMITED

(a joint stock limited company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 00753)

CSRC'S FORMAL APPROVAL ON NON-PUBLIC ISSUE OF A SHARES OVERSEAS  REGULATORY ANNOUNCEMENT

Reference is made to the announcements of Air China Limited (the "Company") dated 21 July 2016    and 22 July 2016 relating to the non-public issue of A shares by the Company.

On 31 October 2016, the Company has received a formal approval from China Securities Regulatory Commission  (中國證券監督管理委員會)  (the  "CSRC")  that  the  Company  is  approved  to  place no  more than 1,540,436,456 new A shares. The  formal approval  will  expire  after  six months  upon  the date of approval. The board of directors of the Company will proceed  the  placing  of  A  shares  according to the authorisation from the shareholders' meeting of the Company and  the requirements     of formal approval from the CSRC as early as possible.

This announcement is made pursuant to Rules 13.09(2)(a) and 13.10B of the Rules  Governing  the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

By  order  of  the Board

Air  China Limited

Rao Xinyu     Tam  Shuit Mui

Joint  Company Secretaries

Beijing,  the  PRC,  1  November 2016

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Feng  Gang,  Mr.  John  Robert  Slosar,  Mr.  Ian  Sai  Cheung  Shiu, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

*      Independent  non-executive  director  of  the Company

 

END

 

 

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