Pingmei convertible bonds: Trading halt for 2024 equity distribution
Pingdingshan Tianan Coal Mining (SSE:601666) announced that "Pingmei Convertible Bonds" (113066) will be temporarily suspended from conversion starting May 28, 2025, until the equity registration date for the company's 2024 annual equity distribution. The company plans to distribute a cash dividend of CNY 6 per 10 shares (inclusive of tax) to all shareholders. The company will maintain the existing distribution ratio if the total share capital changes before the equity registration date, and the total distribution amount will be adjusted accordingly. Trading is set to resume the first trading day after the registration date. The company will announce the implementation details and conversion price adjustment on May 29, 2025. Bondholders who want to enjoy the equity distribution must convert their bonds on or before May 27, 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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