Ch Polymetal (HKG:2133): Over-allotment Option Lapses

   Date:2012/01/12


China Polymetallic Mining (HKG:2133) announced that the stabilization period in connection with its global offering came to an end on 6 January 2012.

The stabilization actions undertaken during the stabilization period were: over-allocations of an aggregate of 75 million shares in the international placing, representing 15% of the total number of offer shares initially available under the global offering before any exercise of the over-allotment option; the borrowing of an aggregate of 75 million shares from Grow Brilliant pursuant to a stock borrowing agreement solely to cover over-allocations in the international placing; and the purchase of an aggregate of 75 million shares at HK$2.2 per share on the market.

No over-allotment option has been exercised and the over-allotment option lapsed on 6 January 2012.



 

Source:chinesestock.org

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