Shareholders, directors, and senior executives of Bank of Lanzhou (001227.SZ) plan to collectively invest no less than 26.9361 million yuan to increase their holdings.
15/11/2024
GMT Eight
Bank Of Lanzhou (001227.SZ) disclosed a stable stock price plan. From October 21, 2024 to November 15, 2024, the company's stock price has closed below 4.81 yuan for 20 consecutive trading days, meeting the trigger condition for the initiation of stable stock price measures.
In compliance with laws, regulations, regulations of the China Securities Regulatory Commission and banking supervisory and regulatory authorities, according to the "Stable Stock Price Plan", major shareholders (shareholders holding 5% or more of the company's shares before the issuance) are required to increase their shareholding in the company by no less than 15% of the cash dividends enjoyed by the company in the most recent fiscal year as stated in the specific stable stock price plan announcement; current directors (excluding independent directors and directors who do not receive compensation from the company) and current senior management (excluding senior management who do not receive compensation from the company) are required to use an amount for stabilizing the company's stock price every twelve months from the date of listing not less than 15% of the total after-tax compensation they received from the company in the previous fiscal year, with the total amount of shares proposed to be purchased not less than 26.9361 million yuan. This purchase plan does not have a price range and will be determined based on market prices.