MicroPort Scientific Corporation Announces Issuance of 1.3 Million Shares Upon Exercise of Share Options

Gelonghui, September 11 |MicroPort Medical(00853.HK) announced that on September 6, 2018, 50,000 shares were issued due to the exercise of share options by employees (excluding directors) under the share option scheme, representing approximately 0.003% of the company’s existing issued share capital; the issue price was HK$4.718 per share, representing a discount of approximately 57.26% compared to the closing price of HK$11.04 on September 5.

On September 11, 2018, 1.25 million shares were issued upon the exercise of share options by directors under the Pre-IPO Share Option Scheme, representing approximately 0.085% of the Company’s then existing issued share capital; the issue price was HK$2.379 per share, representing a discount of approximately 76.35% to the closing price of HK$10.06 on September 10.

Therefore, as of the close of business on September 11, 2018, the Company’s share capital stood at approximately 1.464 billion shares.