THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this circular.
If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser.
If you have sold or transferred all your shares in Shimao Group Holdings Limited, you should at once hand this circular and the enclosed election form to the purchaser or transferee, or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.
This circular is for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 813)
SCRIP DIVIDEND SCHEME
IN RELATION TO THE INTERIM DIVIDEND
FOR THE SIX MONTHS ENDED 30 JUNE 2021
11 October 2021
CONTENTS | |
Page | |
Summary Timetable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 1 |
Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 2 |
Letter from the Board | |
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 4 |
The Scrip Dividend Scheme . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 5 |
Basis of Allotment of the Scrip Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 5 |
Advantages of the Scrip Dividend Scheme . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 6 |
Effect of the Scrip Dividend Scheme . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 6 |
Condition of the Scrip Dividend Scheme . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 6 |
Election Form . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 6 |
Overseas Shareholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 7 |
PRC Southbound Trading Investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 8 |
Listing and Dealings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 8 |
Responsibility Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 9 |
General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 9 |
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SUMMARY TIMETABLE
Set out below is a summary of the events in relation to the Scrip Dividend Scheme:
Event | Date |
Last day of dealings in the Shares on a cum-dividend basis . . . . . . . . . . . Tuesday, 21 September 2021
Commencement of dealings in the Shares on | |
an ex-entitlement basis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | Thursday, 23 September 2021 |
Fix the market value of a Scrip Share
(five consecutive trading day average) . . . . . . . . . . . . . . . . . . . . . . Tuesday, 21 September 2021 to Tuesday, 28 September 2021 (both days inclusive)
Latest time for lodging transfers of the Shares . . . . . . . . . . . . 4:30 p.m. on Friday, 24 September 2021
Closure of the Register of Members for the purpose
of determining the Shareholders' respective entitlements
to the Interim Dividend . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Monday, 27 September 2021 and Tuesday, 28 September 2021
Record Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tuesday, 28 September 2021
Latest time and date for return of the Election Form . . . . . . . . 4:30 p.m. on Tuesday, 26 October 2021
Expected despatch of Interim Dividend warrants or
share certificates for Scrip Shares to the Eligible Shareholders . . . . . . . . . Friday, 5 November 2021
Expected commencement of dealings in the
Scrip Shares on the Stock Exchange . . . . . . . . . . . . . . . . . 9:00 a.m. on Monday, 8 November 2021
Note:
References to time and dates in this circular are to Hong Kong time and dates.
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DEFINITIONS
In this circular, the following expressions shall have the meanings set out below unless the context requires otherwise:
"Board" | the board of Directors |
"Company" | Shimao Group Holdings Limited, a company incorporated |
in the Cayman Islands with limited liability, the shares of | |
which are listed on the main board of the Stock Exchange | |
"Director(s)" | the director(s) of the Company |
"Eligible Shareholders" | Shareholders whose names appeared on the register of |
members of the Company at the close of business at 4:30 | |
p.m. on the Record Date | |
"HK$" | Hong Kong dollar(s), the lawful currency of Hong Kong |
"Hong Kong" | the Hong Kong Special Administrative Region of the PRC |
"Interim Dividend" | the interim dividend of HK$0.70 per Share for the six |
months ended 30 June 2021 with a scrip alternative payable | |
on or about 5 November 2021 to the Shareholders whose | |
names appeared on the register of members of the | |
Company on the Record Date | |
"Listing Rules" | the Rules Governing the Listing of Securities on the Stock |
Exchange, as amended or supplemented from time to time | |
"Macau" | the Macau Special Administrative Region of the PRC |
"Overseas Shareholders" | Shareholder(s) whose name(s) appear(s) on the register of |
members of the Company at the close of business at 4:30 | |
p.m. on the Record Date and whose address(es) as shown | |
on such register is(are) outside Hong Kong | |
"PRC" | the People's Republic of China, for the purpose of this |
circular, excluding Hong Kong, Macau and Taiwan | |
"Record Date" | 28 September 2021, being the date for determining the |
Shareholders' entitlement to the Interim Dividend | |
"Scrip Dividend Scheme" | the scheme proposed by the Directors on 30 August 2021 in |
relation to the Interim Dividend which offer the eligible | |
Shareholders an alternative to elect to receive such | |
dividend wholly or in part by the allotment of new Shares | |
credited as fully paid in lieu of cash | |
"Scrip Shares" | new Shares to be issued under the Scrip Dividend Scheme |
"Share(s)" | ordinary share(s) of HK$0.10 each in the share capital of |
the Company |
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DEFINITIONS | |
"Shareholder(s)" | registered holder(s) of the Share(s) |
"Stock Exchange" | The Stock Exchange of Hong Kong Limited |
"%" | per cent. |
Should there be any discrepancy between English and Chinese versions of this circular, the English version shall prevail.
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Shimao Property Holdings Limited published this content on 08 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2021 09:51:02 UTC.