Stock Code: 000553 (200553) Stock Abbreviation: ADAMA A(B) Announcement No. 2021-40
ADAMA Ltd.
Announcement on the Completion of the Registration of the
Transfer of State-owned Shares held by the Controlling
Shareholder
The Company and all members of the Company’s Board of Directors confirm
that all information disclosed herein is true, accurate and complete, with no false or
misleading statement or material omission.
ADAMA Ltd. (hereinafter referred to as the "Company") received a notice from
its shareholder Jingzhou Sanonda Holdings Co., Ltd. (hereinafter referred to as
"Sanonda Holdings") on August 9 2021, that Sanonda Holdings intends to transfer 5.14%
of the Company's shares it holds to Syngenta Group Co., Ltd. (hereinafter referred to
as "Syngenta Group") via free transfer (hereinafter referred to as the "Transfer").
Details can be found in the Announcement on the Transfer of State-owned Shares of
Controlling Shareholders disclosed by the Company on August 11, 2021
(Announcement No. 2021-32).
On September 28, 2021, Syngenta Group forwarded to the Company the Shares
Registration Confirmation Letter issued by China Securities Depository and Clearing
Corporation Limited, approving that the registration procedures for the Transfer have
been completed, and the 119,687,202 shares held by Sanonda Holdings (accounting for
5.14% of the Company’s total share capital) have been transferred to Syngenta Group.
After the completion of the Transfer, Syngenta Group holds 1,828,137,961shares
(accounting for 78.47% of the Company’s total share capital). The controlling
shareholder and the actual controller of the Company remain unchanged.
It is hereby announced.
Board of Directors of ADAMA Ltd.
September 29, 2021