June 12, 2020 / 12:54 PM / a month ago

BRIEF-China Pacific Insurance Announces Price Range On Proposed Issuance Of GDRS On LSE

June 12 (Reuters) - China Pacific Insurance Group Co Ltd :

* UPDATES ON PROPOSED ISSUANCE AND ADMISSION OF GDRS

* CURRENTLY APPLYING FOR ISSUANCE AND ADMISSION OF GLOBAL DEPOSITARY RECEIPTS ON LONDON STOCK EXCHANGE

* PRICE RANGE OF GDRS UNDER ISSUANCE IS PRELIMINARILY DETERMINED TO BE BETWEEN USD17.60 AND USD19.00 PER GDR

* ON PROPOSED ISSUANCE, EACH GDR REPRESENTING FIVE A SHARES OF CO

* EXPECTS THAT GROSS PROCEEDS FROM ISSUANCE WILL AMOUNT TO BETWEEN USD1,991.6 MILLION AND USD2,150.1 MILLION Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below