Jilin Jiutai Rural Commercial Bank H share offer becomes unconditional
Jilin Financial Holding Group Co., Ltd. announced that its H Share Offer for Jilin Jiutai Rural Commercial Bank has become unconditional as to acceptances. This milestone was reached as of 4:30 p.m. on October 9, 2025.
Valid acceptances for H Shares totaled 873,137,121 shares, representing approximately 90.34% of H Shares held by Independent H Shareholders and 17.21% of total issued shares. The Domestic Share Offer also saw significant acceptance, with 2,734,582,348 Domestic Shares tendered, constituting approximately 66.57% of issued Domestic Shares.
With these acceptances, the offeror and concert parties now collectively represent approximately 71.10% of the bank's voting rights, surpassing the 50% threshold.
Trading in H Shares of the bank has been suspended since March 12, 2025, and will remain so until further notice. The first closing date for the offers is scheduled for Friday, October 24, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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