China Life Announces ADR Ratio Change
BEIJING, May 11, 2015 /PRNewswire/ -- China Life Insurance Company Limited (the "Company") (NYSE: LFC; HKSE: 2628; SSE: 601628), announces a ratio change for the Company's American Depositary Receipt (ADR) program. As a result, the number of the Company's ordinary shares represented by each American Depositary Share ("ADS") will be changed from fifteen (15) ordinary shares to five (5) ordinary shares. The date anticipated for the ratio change is May 26, 2015.
To implement the change, ADR holders on the record at the close of the market on May 22, 2015 New York time will receive two (2) additional ADRs for every one (1) ADR held. The additional ADRs are expected to be distributed on or around May 29, 2015. Existing ADRs will continue to be valid.
For further information, please contact:
Zeng TianInvestor Relations Division/Board SecretariatChina Life Insurance Company LimitedTel.: +86 10 6363-1244Fax: +86 10 6657-5112Email: [email protected]
Note: The purpose of this press release is to make a general public announcement of the ratio change of the Company's ADRs. This press release has not been prepared for the purpose of soliciting investment in the ADRs.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/china-life-announces-adr-ratio-change-300080718.html
SOURCE China Life Insurance Company Limited
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Scatec ASA: Mandatory notification of trade by primary insider
- LIFT intersects 14 m at 1.55% Li2O at its Echo pegmatite, Yellowknife Lithium Project, NWT
- Sampo Group’s annual reporting for 2023
Create E-mail Alert Related Categories
Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!