CITIC BANK (00998.HK): redemption and delisting of RMB35 billion domestic preference shares completed, RMB36.428 billion paid
NewTimeSpace News: CITIC BANK (00998.HK) announced that it non-publicly issued 350 million domestic preference shares on 21 October 2016, with an issuance size of RMB35 billion, under the stock abbreviation "CITIC Excellent 1" and stock code 360025.
According to the announcement, the Bank published the announcement on the redemption and delisting of the preference shares on 20 October 2026. On 26 October 2026, the Bank paid in full the nominal value of the preference shares and the dividends for the holding period from 26 October 2025 to 25 October 2026, in an aggregate amount of RMB36.428 billion, to the holders whose names appeared on the register maintained by the Shanghai Branch of China Securities Depository and Clearing Corporation Limited as at 23 October 2026, and redeemed all of the outstanding preference shares issued by the Bank.
According to the data provided by the CSDC Shanghai Branch, the preference shares were cancelled on 26 October 2026. The redemption and delisting of the preference shares of the Bank have been completed.
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