雷士國際(02222.HK):擬不行使與目標公司有關的認購權
格隆匯11月19日丨雷士國際(02222.HK)發佈公吿,自公司2019年12月完成向目標公司(即Brilliant Lights International Holding Pte. Ltd.,一間於新加坡註冊成立的公司,為公司的聯營公司)出售其於雷士照明中國業務的70%股權以來,目標公司一直由公司擁有30%及由KKR擁有70%。2021年4月,目標公司根據日期為2021年3月23日的協議完成按收購代價自KKR收購Dragon的全部已發行股本。有關收購完成後,目標公司已全資擁有Dragon,而Dragon的財務表現及狀況已併入目標公司的財務報表。於該公吿日期,目標公司尚未結清收購代價,收購代價於目標公司的賬目上仍列為一項應付KKR的負債,並應於(i)目標公司根據認購權向公司發行新股份的同日;及(ii) 2021年12月31日(以較早者為準)結清。
為確保公司的優先購股權,訂約方亦於2021年3月23日訂立該協議作為附函協議,以就公司於目標公司的股權達成相關反攤薄保護,據此,公司獲授認購權以維持其於目標公司的30%股權。根據該協議,公司將有權於2021年12月31日或之前隨時按認購價(人民幣2.1億元的等值美元)行使認購權。倘公司並無於2021年12月31日或之前行使認購權,公司於目標公司的股權將因目標公司向KKR配發及發行22.87萬股普通股而被攤薄。
根據目前可得資料,公司擬不行使認購權。由於不行使建議,公司無須支付認購價及其於目標公司的股權將被攤薄至佔目標公司的全部已發行股本(經向KKR發行新股份擴大後)的約24.4%。目標公司將仍作為公司的聯營公司入賬及其財務業績將繼續使用權益法於集團的財務報表入賬。
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