Ctrip Group-S (09961.HK) announced that the stable price period related to the global launch ended today (13). J.P.Morgan Securities (Asia Pacific) Limited, as the price stabilizer, has taken price stabilizing actions, including over-allotment of a total of 4.7453 million shares in the international offering, accounting for 15 per cent of the total number of shares initially available for subscription in the global offering prior to the exercise of any over-allotment option.
In addition, a total of 4.7453 million shares were borrowed from Baidu Holdings Limited under the stock loan agreement to make up for the over-allotment of the international offering. And the joint representatives exercised all the over-allotment options on April 21 this year, involving a total of 4.7453 million shares, accounting for 15% of the total number of shares initially available for subscription in the global offering prior to the exercise of any over-allotment option, to facilitate the return to Baidu Holdings of shares borrowed under the stock borrowing agreement to make up for the over-allotment of international offerings.