ANNOUNCEMENT

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					Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take
no responsibility for the contents of this announcement, 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 announcement.




                   ANNOUNCEMENT
       AMENDMENTS TO THE ARTICLES OF ASSOCIATION

 AMENDMENTS TO THE ARTICLES OF ASSOCIATION

 As of 8 October 2010, being the last exercise day of the Warrants, an aggregate of 1,759,615,512
 lots of Warrants were successfully exercised, resulting in an increase of 439,895,678 issued
 A Shares. The total number of Shares in issue was increased from 3,022,833,727 Shares to
 3,462,729,405 Shares and the registered capital was increased from RMB3,022,833,727 to
 RMB3,462,729,405. The Board approved the resolution with respect to the amendments to the
 Articles of Association on 27 October 2010.


Upon approval by the shareholders of Jiangxi Copper Company Limited (the “Company”) at
the extraordinary general meeting, a class meeting of holders of A shares and a class meeting of
holders of H shares held on 20 March 2008 and the approval of the China Securities Regulatory
Commission, the Company issued RMB6,800 million of bonds with 1,761.2 million lots of
detachable warrants (the “Warrants”) on 22 September 2008. At the aforesaid meetings, the board
of directors of the Company (the “Board”) was authorised to amend the relevant provisions of the
articles of association of the Company (“Articles of Association”) in connection with the change
in registered capital and shareholding structure of the Company as a result of the exercise of the
Warrants.


                                             —1—
As of 8 October 2010, being the last exercise day of the Warrants, an aggregate of 1,759,615,512
lots of Warrants were successfully exercised, resulting in an increase of 439,895,678 issued A
shares of the Company (the “Shares”). The total number of Shares in issue was increased from
3,022,833,727 Shares to 3,462,729,405 Shares and the registered capital was increased from
RMB3,022,833,727 to RMB3,462,729,405.

AMENDMENTS TO THE ARTICLES OF ASSOCIATION

On 27 October 2010, the Board approved the amendments to the Articles of Association as
follows:

1.   Article 21

     The existing Article 21:

     “By the approval of the companies approving department authorised by the State Council,
     the total number of issued ordinary shares of the Company is 3,022,833,727, among
     which, 1,282,074,893 domestic shares (A shares) are held by Jiangxi Copper Corporation
     in the capacity of a stated-owned enterprise, representing 42.41% of the Company’s total
     share capital; 353,276,834 shares are held by other holders of domestic shares (A shares),
     representing 11.69% of the Company’s total share capital; 1,387,482,000 shares are held
     by the holders of overseas listed foreign shares (H shares), representing 45.90% of the
     Company’s total share capital.”

     be amended to:

     “By the approval of the companies approving department authorised by the State Council,
     the total number of issued ordinary shares of the Company is 3,462,729,405, among
     which, 1,282,074,893 domestic shares (A shares) are held by Jiangxi Copper Corporation
     in the capacity of a stated-owned enterprise, representing 37.02% of the Company’s total
     share capital; 793,172,512 shares are held by other holders of domestic shares (A shares),
     representing 22.91% of the Company’s total share capital; 1,387,482,000 shares are held
     by the holders of overseas listed foreign shares (H shares), representing 40.07% of the
     Company’s total share capital.”




                                            —2—
2.   Article 24

     The existing Article 24:

     “The registered capital of the Company is RMB 3,022,833,727.”

     be amended to:

     “The registered capital of the Company is RMB 3,462,729,405.”

The proposed amendments to the Articles of Association are prepared in Chinese language and the
English version is therefore a translation only. Should there be any inconsistencies, the Chinese
version shall prevail.

                                                      By Order of the Board
                                             JIANGXI COPPER COMPANY LIMITED
                                                          Li Yihuang
                                                           Chairman

27 October 2010, Jiangxi, the People’s Republic of China

As at the date of this announcement, the executive directors of the Company are Mr. Li Yihuang,
Mr. Li Baomin, Mr. Gao Jianmin, Mr. Liang Qing, Mr. Gan Chengjiu, Mr. Hu Qingwen and
Mr. Shi Jialiang; and the independent non-executive directors of the Company are Mr. Wu
Jianchang, Mr. Tu Shutian, Ms. Zhang Rui and Mr. Gao Dezhu.




                                             —3—

				
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