Summary by Moomoo AI
The change in issued share capital on 27 March 2024 pursuant to the Listing Rules of the Hong Kong Stock Exchange Limited (SMIC) was disclosed on 27 March 2024 in accordance with the Listing Rules of the Stock Exchange of Hong Kong Limited. The issued shares of the company as of February 29, 2024 were 5,973,239,762 shares. The change involved the exercise of restricted stock units by non-director employees under the 2014 Share Pay Award Scheme, which resulted in the issuance of 1,873,790 shares of ordinary shares on 27 March 2024, representing 0.02358% of the original issued shares. The price per share of the issue was HK$0.031, a 99.8% discount from the closing price of HK$15.4 on the previous business day. After issuance, the issued shares of the company on March 27, 2024 were deposited at 5,975,113,552 shares. The Company confirms that all relevant legal and regulatory procedures have been complied with and that all monies due have been collected.