China Telecom (601728.SH) announced that the restricted shares to be listed this time are the first publicly issued A-share restricted shares of the company...
According to the announcement by China Telecom (601728.SH) on the Zhitong Finance APP, the restricted shares to be listed this time are the first publicly issued A-share restricted shares of the company, involving 5 shareholders (all of whom are strategic placement investors for the first time). The restricted shares held by the above-mentioned shareholders total 0.662 billion shares, accounting for 0.72% of the company's total share capital. The lock-up period for these restricted shares is 36 months from the date of the company's A-share stock listing and trading on the Shanghai Stock Exchange, and will expire and be listed for trading on August 20, 2024.