General Announcement::NON-EXEMPT CONNECTED TRANSACTIONS -PRE-EMPTIVE SUBSCRIPTIONS BY DATANG AND COUNTRY HILL

Issuer & Securities

Issuer/ Manager
SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION
Securities
SEMICONDUCTOR US$200M CB181107 - XS0987076899 - 2J6B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Aug-2014 10:31:04
Status
New
Announcement Sub Title
NON-EXEMPT CONNECTED TRANSACTIONS -PRE-EMPTIVE SUBSCRIPTIONS BY DATANG AND COUNTRY HILL
Announcement Reference
SG140825OTHRCB0D
Submitted By (Co./ Ind. Name)
Issuer Services
Designation
SGX-ST
Description (Please provide a detailed description of the event in the box below)
On 22 August 2014, the Company entered into (i) the Datang Pre-emptive Share Subscription Agreement with Datang, pursuant to which the Company conditionally agreed to issue, and Datang conditionally agreed to subscribe for, the Datang Pre-emptive Shares; (ii) the Datang Pre-emptive Bond Subscription Agreement with Datang, pursuant to which the Company conditionally agreed to issue, and Datang conditionally agreed to subscribe for, the Datang Pre-emptive Bonds in an aggregate principal amount of US$22,200,000 for a total cash consideration of US$22,533,000 which is 101.5% of the aggregate principal amount of the Datang Pre-emptive Bonds; (iii) the Datang Supplemental Agreement with Datang and Datang Telecom to amend the pre-emptive rights provision; and (iv) the Country Hill Pre-emptive Subscription
Agreement with Country Hill, pursuant to which the Company conditionally agreed to issue, and
Country Hill conditionally agreed to subscribe for, the Country Hill Pre-emptive Shares.

Attachments

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