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.
(A joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock Code: 00696)
VOLUNTARY ANNOUNCEMENT
IN RELATION TO THE APPROVAL OF THE PHASE II H SHARE APPRECIATION RIGHTS SCHEME BY THE SASAC OF THE STATE COUNCIL
This announcement is made by TravelSky Technology Limited (the "Company") on a voluntary basis.
References are made to the announcement of the Company dated 26 November 2019 and the circular of the Company dated 2 December 2019 (the "Circular") in relation to (among other things) the proposed adoption of Phase II H Share appreciation rights scheme. Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.
The board of directors of the Company (the "Board") is pleased to announce that the Company has received the approval of the Scheme from the SASAC of the State Council (Guo Zi Kao Fen [2019] No. 753) on 3 January 2020. Major details of the approval are as follows: the SASAC of the State Council has approved the implementation of the Scheme and the Initial Grant Proposal of the Scheme.
The Scheme is subject to the Shareholders' approval at the EGM to be held on 16 January 2020. Documents in relation to the EGM (including but not limited to the Circular and the notice of EGM) have been published on 29 November 2019 and dispatched to Shareholders on 2 December 2019. The Company will duly perform information disclosure obligations according to relevant requirements under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (if necessary).
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Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.
By the order of the Board | |
TravelSky Technology Limited | |
Cui Zhixiong | |
Chairman | |
Beijing, the PRC | |
3 January 2020 | |
As at the date of this announcement, the Board comprises: | |
Executive Directors: | Mr. Cui Zhixiong (Chairman) and Mr. Xiao Yinhong; |
Non-executive Directors: | Mr. Han Wensheng, Mr. Zhao Xiaohang and Mr. Xi Sheng; |
Independent non-executive | Mr. Cao Shiqing, Dr. Ngai Wai Fung and Mr. Liu Xiangqun. |
Directors: |
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