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HK Bourse: Announcement From Nickel Resources International Holdings Co. Ltd.

15 Mar 2018 4:12 am
 
    Following is the related link: 
http://www.hkexnews.hk/listedco/listconews/sehk/2018/0315/LTN20180315194.pdf 
 
 
 
 UPDATE ON THE NUMBER OF RELEVANT SECURITIES IN ISSUE 
     PURSUANT TO RULE 3.8 OF THE TAKEOVERS CODE 
 
This announcement is made by Nickel Resources International Holdings Company Limited (the 
"Company") pursuant to Rule 3.8 of The Code on Takeovers and Mergers (the "Takeovers Code") 
issued by the Securities and Futures Commission of Hong Kong. 
 
Reference is made to the announcement of the Company dated 7 March 2016 in relation to, among 
other things, the proposed issue of subscription shares under the specific mandate, the application for 
the whitewash waiver and special deal and the announcements in relation to the update of the 
number of relevant securities dated 20 June 2016, 22 June 2016, 4 July 2016, 3 August 2016, 5 April 
2017, 4 May 2017, 4 July 2017, 1 August 2017 and 2 January 2018 (the "Announcements"). Unless 
otherwise stated, capitalised terms used in this announcement shall have the same meanings as 
defined in the Announcements. 
 
UPDATE OF NUMBER OF RELEVANT SECURITIES OF THE COMPANY 
 
The Board wishes to announce that the conversion period of the Convertible Bonds in the 
outstanding principal amount of HK$46,775,000 convertible into 212,613,636 Shares (assuming 
conversion at the current conversion price of HK$0.22 per Share) has ended. 
 
As at the date of this announcement, the relevant securities (as defined in Note 4 to Rule 22 of the 
Takeovers Code) of the Company comprised (i) 3,088,131,105 Shares in issue; and (ii) 33,385,000 
outstanding Share Options. Save for the aforesaid, the Company has no other relevant securities (as 
defined in Note 4 to Rule 22 of the Takeovers Code) as at the date of this announcement. 
 
DISCLOSURE OF DEALINGS 
 
Respective associates (within the meaning ascribed thereto under the Takeovers Code, including but 
not limited to any person holding 5% or more of a class of relevant securities of the Company) of the 
Company and the Subscriber are reminded to disclose their dealings in any relevant securities of the 
Company pursuant to the requirements of the Takeovers Code. In accordance with Rule 3.8 of the 
Takeovers Code, the full text of Note 11 to Rule 22 of the Takeovers Code is reproduced below: 
 
 
 
 
                                                    1 
"Responsibilities of stockbrokers, banks and other intermediaries 
 
 
Stockbrokers, banks and others who deal in relevant securities on behalf of clients have a general 
duty to ensure, so far as they are able, that those clients are aware of the disclosure obligations 
attaching to associates and other persons under Rule 22 and that those clients are willing to comply 
with them. Principal traders and dealers who deal directly with investors should, in appropriate 
cases, likewise draw attention to the relevant Rules. However, this does not apply when the total 
value of dealings (excluding stamp duty and commission) in any relevant security undertaken for a 
client during any 7 day period is less than $1 million. 
 
This dispensation does not alter the obligation of principals, associates and other persons 
themselves to initiate disclosure of their own dealings, whatever total value is involved. 
 
Intermediaries are expected to co-operate with the Executive in its dealings enquiries. Therefore, 
those who deal in relevant securities should appreciate that stockbrokers and other intermediaries 
will supply the Executive with relevant information as to those dealings, including identities of 
clients, as part of that co-operation." 
 
CONTINUED SUSPENSION OF TRADING 
 
At the request of the Company, trading in the Shares on the Stock Exchange has been suspended 
since 9:00 a.m. on 1 April 2015. The trading in the Shares on the Stock Exchange will continue to be 
suspended until further notice. 
 
 
 
 
Source: Hong Kong Exchanges & Clearing 
 
 

(END) Dow Jones Newswires

March 15, 2018 00:12 ET (04:12 GMT)
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