| General information |
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| Corporate action indicator: |
Tender/Acquisition/Takeover/Purchase Offer/Buyback |
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| EVENT OUTSIDE EB |
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| Corporate action reference: |
CA00000000434320 |
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| Mandatory/voluntary indicator: |
Voluntary CA event |
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| Corporate action processing: |
Reorganisation |
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| Main underlying security |
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| ISIN: |
US01609W1027 |
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| Common code: |
109467740 |
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| Description: |
ALIBABA GROUP HOLDING LIMITED |
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| Financial instrument attributes |
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| Type of financial instrument: |
DR |
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| Denomination currency: |
USD |
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| Corporate action details |
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| Blocking period: |
Ongoing |
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| Certification: |
No |
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| Electronic certification: |
NO CERTIFICATION REQUIRED |
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| Option 003 Cash |
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| Corporate action option feature indicator: |
No Service Offered Indicator |
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| Corporate action option status: |
Information |
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| Default processing flag: |
No |
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| Response deadline date: |
Unknown |
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| Period of action: |
13 Nov 2020 - Unknown |
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| Minimum exercisable quantity: |
Unit Number 1 |
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| Multiple exercisable quantity: |
Unit Number 1 |
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| Expiry date: |
Unknown |
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| Action to take |
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| . EUROCLEAR BANK WILL NOT PROCESS ANY INSTRUCTIONS FOR THIS EVENT . SHOULD YOU WISH TO PARTICIPATE PLEASE CONTACT TENDER AGENT DIRECTLY . |
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| Corporate action narrative |
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| Party contact description: |
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| CORPORATE ACTIONS EQUITYREACH EXT 4245 |
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| Offeror: |
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| PONOS INDUSTRIES LLC |
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| General information: |
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| UPDATE 21/12/2020: EXPIRY DATE HAS BEEN DELETED . FOR MORE DETAILS PLEASE CONTACT TENDER AGENT DIRECTLY . END OF UPDATE ---------------------------------------------- UPDATE 20/11/2020: SERVICE NOT OFFERED . OPTION 1 AND OPTION 2 WERE CANCELLED . OPTION 3 WAS ADDED (FOR INFORMATION ONLY) . EUROCLEAR BANK WILL NOT PROCESS ANY INSTRUCTIONS FOR THIS EVENT . SHOULD YOU WISH TO PARTICIPATE PLEASE CONTACT TENDER AGENT DIRECTLY . END OF UPDATE ---------------------------------------------- UPDATE 18/11/2020: DEFAULT OPTION HAS BEEN AMENDED WITH DEFAULT INDICATOR. . END OF UPDATE ---------------------------------------------- THE INFORMATION/TENDER AGENT FOR THE OFFER IS: PONOS CAPITAL LLC 27 WEST 60TH STREET, (HASHTAG) 20060 NEW YORK, NEW YORK 10023 (888) 422-4311 E MAIL: INFOAGENT(AT)PONOSCAPITAL.COM . PARTICIPANTS MUST OBTAIN THE OFFER TO PURCHASE, DATED 13/11/2020 AND RELATED LETTER OF TRANSMITTAL FOR THE COMPLETE TERMS AND CONDITIONS OF THE OFFER . PONOS INDUSTRIES LLC, A LIMITED LIABILITY COMPANY ORGANIZED UNDER THE LAWS OF THE CARIBBEAN ISLAND OF NEVIS ('PURCHASER'), IS OFFERING TO PURCHASE UP TO 1,000,000 AMERICAN DEPOSITARY SHARES, EACH REPRESENTING EIGHT ORDINARY SHARES, USD 0.000003125 PAR VALUE PER SHARE, OR SUCH LESSER NUMBER OF SHARES AS MAY BE PROPERLY TENDERED AND NOT PROPERLY WITHDRAWN (THE 'SHARES'), OF ALIBABA GROUP HOLDING LIMITED, A COMPANY INCORPORATED IN THE CAYMAN ISLANDS WITH LIABILITY (THE 'COMPANY'), AT A PURCHASE PRICE OF USD 290.00 PER SHARE (THE 'OFFER PRICE'), NET TO THE SELLER IN CASH, WITHOUT AS STATED IN THE OFFER TO PURCHASE, 'UNDER NO CIRCUMSTANCES WILL INTEREST BE PAID ON THE PURCHASE PRICE FOR THE SHARES, INCLUDING BY REASON OF ANY EXTENSION OF THE OFFER OR ANY DELAY IN MAKING PAYMENT FOR SHARES.' . IF MORE THAN 1,000,000 SHARES ARE VALIDLY TENDERED AND NOT PROPERLY WITHDRAWN AT THE EXPIRATION OF THE OFFER WE WILL PURCHASE SHARES ON A PRO RATA BASIS WITH FRACTIONAL SHARES ROUNDED DOWN TO THE NEAREST WHOLE SHARE . THIS MEANS THAT WE WILL PURCHASE FROM EACH TENDERING STOCKHOLDER A NUMBER OF SHARES EQUAL TO THE NUMBER OF SHARES VALIDLY TENDERED AND NOT PROPERLY WITHDRAWN BY SUCH STOCKHOLDER MULTIPLIED BY A PRORATION FACTOR THE PRORATION FACTOR IS EQUAL TO 1,000,000 (THE NUMBER OF SHARES WE ARE OFFERING TO PURCHASE) DIVIDED BY THE TOTAL NUMBER OF SHARES VALIDLY TENDERED AND NOT PROPERLY WITHDRAWN BY ALL STOCKHOLDERS . AS PER THE OFFER TO PURCHASE DATED 13/11/2020: 'IF, ON OR AFTER 13/11/2020, THE COMPANY DECLARES OR PAYS ANY CASH DIVIDEND ON THE SHARES OR OTHER DISTRIBUTION ON THE SHARES, OR ISSUES WITH RESPECT TO THE SHARES ANY ADDITIONAL SHARES, SHARES OF ANY OTHER CLASS OF CAPITAL STOCK, OTHER VOTING SECURITIES OR ANY SECURITIES CONVERTIBLE INTO OR EXCHANGEABLE WARRANTS OR OPTIONS, CONDITIONAL OR OTHERWISE, TO ACQUIRE, ANY OF THE FOREGOING, PAYABLE OR DISTRIBUTABLE TO STOCKHOLDERS OF RECORD ON A DATE PRIOR TO THE TRANSFER OF THE SHARES PURCHASED UNDER THE OFFER TO PURCHASE OR ITS NOMINEE OR TRANSFEREE ON THE COMPANY'S STOCK TRANSFER RECORDS, THEN, SUBJECT TO THE PROVISIONS OF SECTION 12 - 'CERTAIN CONDITIONS OF THE OFFER,' (A) THE OFFER PRICE WILL BE REDUCED BY THE AMOUNT OF ANY SUCH CASH DIVIDEND OR DISTRIBUTION AND (B) THE WHOLE OF ANY SUCH NON-CASH DIVIDEND, DISTRIBUTION OR ISSUANCE TO BE RECEIVED BY THE TENDERING STOCKHOLDERS WILL (1) BE RECEIVED AND HELD BY THE TENDERING STOCKHOLDERS FOR THE ACCOUNT OF PURCHASER AND WILL BE REQUIRED TO BE PROMPTLY REMITTED AND TRANSFERRED BY EACH TENDERING STOCKHOLDER TO THE DEPOSITARY FOR THE ACCOUNT OF PURCHASER, ACCOMPANIED BY APPROPRIATE DOCUMENTATION OF TRANSFER, OR (2) BE EXERCISED FOR THE BENEFIT OF PURCHASER, IN WHICH CASE THE PROCEEDS OF THAT EXERCISE WILL PROMPTLY BE REMITTED TO PURCHASER. PENDING SUCH REMITTANCE AND SUBJECT TO APPLICABLE LAW, PURCHASER WILL BE ENTITLED TO ALL RIGHTS AND PRIVILEGES AS OWNER OF ANY SUCH NON-CASH DIVIDEND, DISTRIBUTION, ISSUANCE OR PROCEEDS AND MAY WITHHOLD THE ENTIRE OFFER PRICE OR DEDUCT FROM THE OFFER PRICE THE AMOUNT OR VALUE THEREOF, AS DETERMINED BY PURCHASER IN ITS SOLE DISCRETION . . This corporate action notification does not constitute an offer to sell or the solicitation of an offer to buy any securities by anyone in any jurisdiction. It is not, and should not be construed or treated as, investment or financial advice. In providing this information, Euroclear Bank is not acting as agent of the issuer. By sending an instruction to Euroclear Bank, you confirm that you (and any beneficial owner(s) for whom you act) comply with the terms and conditions of the corporate event and comply with applicable local laws or requirements, including but not limited To holding and transfer restrictions. If holding and transfer restrictions would prohibit you (and any beneficial owner(s) for whom you act) to hold the proceeds of a corporate event in your account in Euroclear Bank, you (and any beneficial owner(s) for whom you act) must ensure to send an instruction to allow the transfer of these proceeds to an account outside the euroclear system. . DISCLAIMER: <BR />YOU NEED TO CONFIRM THE OPTION DETAILS WITH THE COUNTERPARTY RECEIVING YOUR INSTRUCTION. WE DO NOT ACCEPT ANY LIABILITY CONCERNING OPTION INFORMATION IN THIS MESSAGE. |
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| Issuer: |
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| E57ODZWZ7FF32TWEFA76 |
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