3948.HK Cash Offer

INNER MONGOLIA YITAI COAL CO., LTD (3948.HK) CONDITIONAL CASH OFFER - BUY-BACK ALL THE ISSUED H SHARES AND PROPOSED VOLUNTARY WITHDRAWAL OF LISTING OF THE H SHARES

Purchase price: HKD 17.50 in cash per share.

CONDITION OF THE OFFERS:
As set out in the section headed “Conditions of the H Share Buy-back Offer and the Voluntary Withdrawal of Listing” in the Letter from the Board of the Offer Document, the H Share Buy-back Offer and the Voluntary Withdrawal of Listing are subject to the fulfillment of the Conditions. The Independent H Shareholders are reminded that the H Share Buy-back Offer remains conditional on minimum valid acceptances of the H Share Buy-back Offer being received (and not, where permitted, withdrawn) by 4:00 p.m. on the First Closing Date (or such later time and date as the Company may, subject to the Takeovers Code, decide) amounting to at least 90% of the H Shares
held by the Independent H Shareholders.
As at the date of this announcement, Conditions (d) (being the minimum valid acceptance of the H Share Buy-back offer), (f) (in respect of the registration with SAFE in relation to the H Share Buy- back Offer remaining in full force and effect), (g) (in respect of all necessary authorisations, consents and approvals of any governmental or regulatory body in relation to the H Share Buy-back Offer (including its implementation) remaining in full force and effect) and (h) (in respect of compliance by the Company with the Listing Rules, the Takeovers Code, the Share Buy-backs Code and the other statutory laws of the Hong Kong and the PRC applicable to the H Share Buy-back Offer and the Voluntary Withdrawal of Listing) of the H Share Buy-back Offer and the Voluntary Withdrawal of Listing remain outstanding, while Conditions (a), (b) and (c) (in respect of the passing of the relevant resolutions in respect of the H Share Buy-back Offer and the Voluntary Withdrawal of Listing at the EGM, Non-H Shareholders Class Meeting and the H Shareholders Class Meeting), (e) (in respect of the granting by the Executive of waivers in respect of strict compliance with Rule 2.2(c) and Rule 14 of the Takeovers Code) and (f) (to the extent such registration with SAFE has been completed) have
been fulfilled.
The Independent H Shareholders are reminded that unless the H Share Buy-back Offer becomes or is declared unconditional as to acceptance on or before Monday, 10 July 2023, or is otherwise revised or extended, the latest time and date for acceptance of the H Share Buy-back Offer will be 4:00 p.m. on Monday, 10 July 2023. The Independent H Shareholders are further reminded to pay attention to, and to consult (if necessary) a licensed securities dealer or registered institution in securities, bank manager, solicitor, professional accountant or other professional adviser to confirm, the deadline for accepting the H Share Buy-back Offer, which
might be before 4:00 p.m. on Monday, 10 July 2023.
The Company will issue an announcement, stating whether the H Share Buy-back Offer has been extended, has expired or has become or been declared unconditional (as to acceptances) by 7:00 p.m. on Monday, 10 July 2023, being the First Closing Date.

If you accept the corporate action, please fill in the following information before 4 pm on 6 JULY 2023, and forward it to cs@futuhk.com by registered email to submit your application.

1. FutuBull ID –
2. Name – (Name in Chinese or English)
3. Stock code – 3948.HK
4. Accepted corporate action shares – (fill in the number of shares applying for corporate action) [This corporate action does not accept additional applications]

Corporate action application fee:
Corporate action handling fee HKD 0.80 per board lot
Handling fee: HKD 1.00 per board lot (Minimum HKD 30)
Stamp duty fee: 0.13% per transaction amount

Transaction Settlement Date: After the market close on 4 JULY 2023 (Stocks purchased after this date will not be accepted for corporate action applications)

Deadline for corporate action on 6 JULY 2023 at 4:00 p.m.

Note:
1. If you do not receive an email reply before the deadline, you will automatically be deemed to have given up this corporate action
2.This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
3. Please reserve enough funds to pay the handling fee, otherwise, it will be deemed as a waiver
4. If you fill in the wrong application information, you need to resend the email to submit the application
5. Listed and sold stocks cannot apply for corporate action
6. Once a corporate action is applied, it cannot be withdrawn
7. In case of any changes, the announcement of the listed company shall prevail

Company action announcement:
https://j.futunn.com/0094GK
https://j.futuhk.com/0094GL

Corporate Action Encyclopedia: https://support.futuhk.com/topic186

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