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携程集团:与全球发售有关的稳定价格期结束

Ctrip Group: the end of the stable price period related to the global launch

騰訊自選股 ·  May 13, 2021 17:26

Original title: Ctrip Group: end of stable Price period related to Global offering Source: TechWeb.com.cn

On May 13, Ctrip Group announced on the Hong Kong Stock Exchange that the stable price period related to the global offering ended on May 13, 2021.

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J.P. Morgan Securities (Asia Pacific) Limited (as the price stabilizer) or anyone acting for it during the price stabilization period has taken the following price stabilization actions:

(1) A total of 4745300 shares were over-allotted 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.

(2) to borrow a total of 4745300 shares from Baidu Holdings Limited under the stock loan agreement to make up for the over-allotment of the international offering.

(3) the joint representatives (on behalf of themselves and the international underwriters) exercised all the over-allotment options on 21 April 2021, involving a total of 4745300 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 restitution of shares borrowed under the stock borrowing agreement to Baidu Holdings Limited to make up for the over-allotment of the international offer.

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