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HK Bourse: Overseas Regulatory Announcement From Yanzhou Coal Mining Co. Ltd.

8 Sep 2017 9:21 am
 
    Following is the related link: 
http://www.hkexnews.hk/listedco/listconews/sehk/2017/0908/LTN20170908348.pdf 
 
 
 
                   ANNOUNCEMENT 
   REGISTRATIONOF GUARANTEE AND TRUST OF CERTAIN 
   SHARES OF THE COMPANY HELD BY THE CONTROLLING 
  SHAREHOLDER FOR ITS PROPOSED NON-PUBLIC ISSUANCE 
         OF EXCHANGEABLE CORPORATE BONDS 
 
This announcement is made pursuant to Part XIVA of the Securities and Futures 
Ordinance and Rules 13.09(2)(a) and 13.10B of the Rules Governing the Listing of 
Securities on The Stock Exchange of Hong Kong Limited. 
 
Referencesare made to the announcement of Yanzhou Coal Mining Company Limited (the 
"Company") dated 3 November 2016 in relation to the proposed non-public issuance of 
exchangeable corporate bonds by the controlling shareholder,the announcement dated 6 
April 2017 in relation to no objection letter granted by Shanghai Stock Exchange 
concerning the listing and transferring of the non-public issuance of exchangeable 
corporate bonds by the controlling shareholder,and the announcement dated 11 April 
2017in relation tothe registration of guarantee and trust of certain shares of the Company 
held by the controlling shareholder for its proposed non-public issuance of exchangeable 
corporate bonds. 
 
On 8 September 2017, the Company received a notification from Yankuang Group 
Company Limited("Yankuang Group"), the controlling shareholder of the Company, 
informing the Company thatthe "2017 Non-Public Issuance of Exchangeable Corporate 
Bonds by Yankuang Group Company Limited(second tranche)" (the "17Yan02EB" or the 
"Corporate Bonds")proposed to be issued by Yankuang Group will adopt the form of 
share guarantee. It means that certain A shares of the Company held by Yankuang Group 
will be used as guarantee, and registrationof guarantee and trust will be performed in order 
to protectthe holders of the Corporate Bonds in respect of the exchange of the Underlying 
Shares (as defined below) and the full and timely payment of the principal amount and 
interest of the Corporate Bonds. 
 
 
 
 
                                                   1 
Pursuant to the "Detailed Rules of China Securities Depository and Clearing Corporation 
Limited on Depository and Clearing Services of Exchangeable Corporate Bonds": 
 
1.     Yankuang Group andCITIC Securities Co., Ltd. ("CITIC Securities"), trustee of 
       these exchangeable bonds, entered into the "Guarantee and Trust Agreement" and 
       both parties agreed that certain A shares of the Companywhich are the subject of 
       the Corporate Bonds (the "Underlying Shares") and their yield to be used as 
       guarantee and trust properties; 
 
2.     Yankuang Group and CITIC Securitiesopened the exchangeable corporate bond 
       guarantee and trust designated securities account (the "Guarantee and Trust 
       Designated Account") at Shanghai branch of China Securities Depository and 
       Clearing Corporation Limited with the account name of "Yankuang Group - CITIC 
       Securities - 17 Yan02EBguarantee and trust properties designated account"; 
 
3.     Yankuang Group and CITIC Securities will make an application to Shanghai 
       branch of China Securities Depository and Clearing Corporation Limited for the 
       registration of guarantee and trust of the initial number of the Underlying Shares 
       before the issuance of the Corporate Bonds. Yankuang Group will 
       transfer300,000,000A shares of the Company held by itself under its securities 
       account to the Guarantee and Trust Designated Account opened by Yankuang 
       Group and CITIC Securities. 
 
As at the date of this announcement, Yankuang Group directly orindirectly held 
2,780,000,000 shares of the Company, representingapproximately 56.59% of the total 
issued sharecapital of the Company, among which 2,600,000,000shares are A shares 
and180,000,000 shares are H shares. Registration of guarantee and trust involves 
300,000,000 A shares, representing approximately 6.11% of the total issued share capital 
of the Company. The number of A shares subject to this registration of guarantee and trust 
does not exceed 50% of the total number of shares of the Company held by Yankuang 
Group. 
 
 
 
Source: Hong Kong Exchanges & Clearing 
 
 

(END) Dow Jones Newswires

September 08, 2017 05:21 ET (09:21 GMT)
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