CHINESE PEOPLE GAS HOLDINGS COMPANY LIMITED
*
(incorporated in Bermuda with limited liability)
(stock code: 681)
ISSUE OF US$20,000,000 2 PER CENT.
CONVERTIBLE BONDS DUE 2008
ANNOUNCEMENT
As one of the conditions of the listing approval granted by the Stock Exchange, the Company is
required to make this announcement in respect of the number of Shares to be issued and allotted upon
the conversion of the Bonds and the exercise of the Conversion Rights.
Reference is made to the Company’s circular dated 12 October 2005 (the “Circular”). As one of the
conditions of the listing approval granted by the Stock Exchange, the Company is required to make an
announcement in respect of, amongst other things, the number of Shares to be issued and allotted upon (i)
the conversions of the Bonds and the exercise of the Conversion Rights during the relevant month on or
before the 5th business day following the end of each calendar month or (ii) if the cumulative amount of
new Shares issued pursuant to the conversions of the Bonds reaches 5% of the issued share capital of the
Company as disclosed in the last monthly announcement of the Company as soon as practicable. Unless
the context herein otherwise requires, terms used in this announcement shall have the same meanings as
used in the Circular.
The Directors would like to report that conversions of the Bonds were made by the holders of the Bonds
which resulted in Shares being issued during the period from 1 February 2006 (being the date following
the end of the last calendar month) upto 22 February 2006 (being the date on which the cumulative amount
of the Shares issued pursuant to the conversions amounted to 5% or more of the issued share capital of the
Company as at the end of the last calendar month) (the whole period, the “Period”).
Date of No. of new Conversion Principal amount Date of issue
Conversion notice Shares issued price of Bonds converted of new Shares
(HK$) (US$)
20 January 2006 23,575,757 0.33 1,000,000 2 February 2006
24 January 2006 23,575,757 0.33 1,000,000 3 February 2006
3 February 2006 47,151,515 0.33 2,000,000 14 February 2006
14 February 2006 47,151,515 0.33 2,000,000 22 February 2006
Total: 141,454,544 6,000,000
After the above conversions, the outstanding principal sum of the Bonds is US$14,000,000. No other
Shares were issued and no Shares were cancelled by the Company pursuant to other transactions during the
Period.
* for identification purpose only
2
Changes in the issued share capital of the Company for the Period were as follows:
Number of
Issued Shares
at par value of
Issued Share Capital HK$0.07 each
(HK$)
As at 1 February 2006 183,730,000 2,624,715,736
Total number of new Shares issued pursuant to
conversions of the Bonds during the Period 9,902,000 141,454,544
As at 22 February 2006 193,632,000 2,766,170,280
Accordingly, conversions of the Bonds made during the Period resulted in the cumulative amount of the
Shares issued pursuant to such conversions amounted to approximately 5.39% of the issued share capital
of the Company as at 31 January, 2006 (being the date falling on the last day of the previous calendar
month).
Another conversion notice in the amount of US$3,000,000 was received by the Company on 17 February
2006 at the conversion price of HK$0.33 per new Share. Upon conversion of such notice, 70,727,272 new
Shares will be issued on 27 February 2006.
This announcement is only released through the web-site of The Stock Exchange of Hong Kong Limited
and will not be published in any newspapers.
As at the date of this announcement, the Board comprises seven executive directors namely, Mr. Xu
Ruixin, Mr. Liu Jing, Mr. Mo Shikang, Mr. Zhu Peifeng, Mr. Zhang Hesheng, Mr. Jin Song and Mr. Yan
Wing Cheung, and three independent non-executive directors namely, Mr. Liu Junmin, Mr. Tan Qinglian
and Mr. Wong Shing Kay, Oliver.
On behalf of the board of
Chinese People Gas Holdings Company Limited
Mo Shikang
Managing and Executive Director
Hong Kong, 22 February 2006