Shareholding disclosure
Hainan Province Cihang Foundation
Declared position
16.79%
Threshold
Crossed upwards
Timeline
Published
26.04.2017
Transaction
21.04.2017
Transfer date
21.08.2017
Voting rights breakdown
Notice details
Notification ID
TAH4O000C5
Beneficial owner
Hainan Province Cihang Foundation
Declared address
Hainan Province Cihang Foundation, Haikou, Hainan Province
The purchase price has been determined based on market conditions including a low double digit premium and subject to increase in case of certain events. The closing of the transaction is subject to certain conditions. Date of transfer of equity securities: Latest on 21 August 2017 The only donor of Hainan Province Cihang Foundation is the Hainan Airlines Company Limited Employees Union Committee, Haikou, Hainan Province, People's Republic of China. Hongkong Huihaisheng Investment Co. Limited is indirectly fully owned by HNA Group Co., Ltd., Haikou, Hainan Province, People's Republic of China, which in turn is indirectly controlled by Hainan Province Cihang Foundation.
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