Ann: AGM 2017 - Address to Shareholders, page-56

Announcement 2017-064 released by XEPT on NEEQ Stock Exchange late yesterday.  It doesn't shed any obvious light on the outcome of our tripartite deal but gives us an idea of the value of XEPT.


This is the Google translated output of the announcement:


Announcement number: 2017-064

1

Stock Code: 871116 Stock Abbreviation: Xiaoqing Environmental Sponsor: CSCEC

Xiaoqing Environmental Technology Co., Ltd.

Stock lifting of the sale notice

First, the batch of shares to lift the overall situation of restricted sales

The total number of shares of the lifting of the sale of 15,461,250 shares, accounting for the total share capital of the company

Of the ratio is 10.14%, the transferable time is December 18, 2017.

Second, the lifting of the sale of shares of the details

Unit: shares

Serial number of the shareholder's name

Or name

Is it holding?

Shareholders or actual

Controller

Directors, supervisors,

Senior manager

Staffing situation

As of 2017

Hold on October 20

Number of shares

The shareholding ratio this lifting of the sale

Number of registered shares

1 Li Suqin

Yes

Director, deputy

General manager

18,345,000 12.03%

4,586,250

2 Li Yanmei

Yes

no

2,430,000

1.59%

810,000

3 Han Xiaoqing

Yes

Chairman, total

manager

40,260,000 26.40% 10,065,000

total

61,035,000 40.02%

15,461,250

Third, the batch of shares after the release of restricted shares of the situation

Unit: shares

The nature of the shares

Quantity

percentage

Unrestricted shares

103,519,583

67.8817%

All members of the Company and the Board of Directors hereby certify that the contents of the Announcement are true, accurate and complete and that there is no false record

Misleading statement or material omission, and for the truthfulness, accuracy and completeness of its contents

Individual and joint legal responsibility.



Page 2

Announcement number: 2017-064

2

1, executives shares

43,953,750

28.8221%

2, individuals or funds

1,620,000

1.0623%

Limited sales

Share of shares

3, other legal persons

3,406,667

2.2339%

4, other

0

0.0000%

Total shares with sales restriction

48,980,417

32.1183%

Total share capital

152,500,000

100.0000%

Fourth, other circumstances

(A) in this batch of shares to lift the sale, there is no listed company, listed company

Shareholders agreed, the shares of the restricted shares promised.

(B) the application for lifting of the restricted shareholders there is no commitment to perform.

(III) There is no non-operating capital of the listed company for the shareholders who have applied to lift the restricted shares

Occupation situation.

(D) there is no listed companies to apply for lifting the restricted shareholders of illegal security and other losses

Harm the company listed the interests of the situation.

Xiaoqing Environmental Technology Co., Ltd.

Board of Directors

December 13, 2017





I've redone the two tables from the announcement for clarity:




The percentages to the right of the first table are added by me and indicate the increase in the number of registered shares for each person listed.


The numbers below the second table are also added by me.  The Yuan/share price of 7.25 is derived from the announcement of the 29th Nov that specifies that the capital raising will be based on a share price between 7.00 to 7.50 Yuan (so I used the average 7.25).

The number immediately below that is the market cap in Yuan (and below that in AUD).  Numbers to the right of that are the capital raising value in Yuan & AUD (242.5m & 48.5m), and the revised market cap (1.348b & 270m)


Enjoy...