ABC a A-share distribution of the initial placement ratio of about 8.86%

The focus of the AgBank IPO is a step-by-step answer to the mystery, today's online purchase rate is about to be announced, the reporter now learned from the authoritative channels, the Agricultural Bank online subscription more than a higher, oversubscribed 15%. It is understood that the Agricultural Bank of the current share price range of 2.52 yuan/share-2.68 yuan/share. In the process of cumulative tender and inquiry, preliminary inquiry to provide a valid quotation for the 81 of the 214 placing objects management to participate in the cumulative bid inquiry, frozen funds up to more than 180 billion yuan, of which quote reached the price interval ceiling (2.68 yuan/share) of the placing of the target of 173, the total amount of effective purchase close to 55 billion shares , the callback mechanism is up to 11.28 times times prior to the start of the subscription.　　According to the situation of the accumulated bid and inquiry under the net, taking into account the status of the international placing and bookkeeping of the H-share, ABC fundamentals, comparable company valuation level and market situation, the issue price of ABC's shares issue is determined to be 2.68 yuan/share in the price range. According to the Shanghai Stock Exchange data, Agricultural Bank of China's online distribution of the number of effective purchase of about 1.26 million households, the effective purchase of the number of shares up to 110.95 billion units, the callback mechanism before the start of the online effective purchase of the total number of shares on the net initial distribution of the scale of 10.52 times times.　　On this basis, ABC and the joint principal underwriters decided to sell a shares of the initial distribution of a shares of 15%, that is, 3,335,294,000 shares, after the excess placement of a shares issued on the scale of 25,570,588,000 shares. As a result of the callback mechanism before the start of the Agricultural Bank of this share of the initial distribution of the proportion of about 8.86%, online distribution of the initial check rate of 9.5%.　　According to the callback mechanism, the issuer and the co-underwriter decided to initiate a callback mechanism to transfer 232,028,000 shares from the internet to the net, as the net distribution was fully subscribed and the initial placement ratio under the network was lower than the initial rate of online issuance. Therefore, in excess of placing 15% and the start of the callback mechanism, the Agricultural Bank of the final release structure of A shares: the size of the distribution of 25,570,588,000 shares. One of the strategic placing of 10,228,235,000 shares, accounting for the share of the issue of 40% of the size of the network issued under the scale of 5,032,028,000 shares, accounting for the share of the size of the issue of 19.7%; It accounts for 40.3% of the size of this share issue.　　NET final placement ratio of about 9.29%, online final check rate of about 9.29%. As AgBank gives the co-underwriter the option of placing an excess, in 30 natural days from the date of the Shanghai Stock Exchange, the authorized principal underwriter may use the funds obtained from the oversubscribed stock to buy the shares issued in the centralized trading market, which will be beneficial to the stability of the stock price of the bank in the future.