FilingReader Intelligence

Shanghai Electric Power unlocks $2.8bn restricted shares July 28

July 21, 2025 at 09:19 AM UTCBy FilingReader AI

Shanghai Electric Power Company Limited will release 199,579,448 restricted shares for public trading on July 28, 2025, representing 7.09% of its total share capital.

The shares were part of a private placement from May 2022 and held by controlling shareholder State Power Investment Corporation Limited during a 36-month lock-up period. The release will convert all of the company's limited tradable shares into unlimited tradable shares.

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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