Over 10% of the 1 billion-fold deal on the issue of allotment and stock Exchange

Up to the group (01207) share rights and share debt for a total of about 1 billion yuan, this morning, the stock price first fell back to stabilize, the first paragraph has fallen 11.21% to 0.95 yuan, fell through 0.96 collocation price.　　It then rose 1.87% to $1.09.　　The current price of 1.04 yuan, down 2.8%, a temporary deal more than 700 million yuan, has included nearly 500 million yuan rights issue on board. In the new way, the group will allocate $0.96 per share to $499.2 million by placing 520 million shares through Credit Suisse and Deutsche Bank.　　The placing of shares accounted for 15.06% of the enlarged capital stock, with a discount of 10.28% per cent at the closing price of 1.07 yuan before the suspension yesterday. In addition, the company intends to allocate up to 446.9 million yuan (506.8 million yuan) convertible bonds, the initial exercise price of 1.056 yuan per share, can be confirmed to 480 million shares. The value of the exercise was 1.31% below the market price prior to yesterday's suspension. Bonds are paid at a fixed annual interest rate of 6% per annum.