18 April
2023
ZHEJIANG EXPRESSWAY CO., LTD.
NOTICE OF
INTENTION TO DELIST FROM LONDON
STOCK EXCHANGE
The directors of Zhejiang Expressway Co., Ltd.
(the "Company") hereby give notice of their intention
to request the UK Financial Conduct Authority ("FCA") to
cancel the listing of the Company's H shares (ISIN: CNE1000004S4)
(the "H Shares") on the standard listing segment of the
Official List of the FCA, and to request London Stock Exchange plc
("LSE") to cancel the admission to trading of the H Shares
on the main market for listed securities of the LSE (together,
the "Delisting").
The directors of the Company have decided to request the
Delisting as the volume of trading of the H Shares on the LSE does
not justify the costs related to such listing and admission to
trading on the LSE.
Pursuant to Listing Rule 5.2.8R, the Company is required to give
at least 20 business days' notice of the intended Delisting.
Accordingly, it is intended that the Delisting will become
effective from 8.00 a.m. (BST) on
19 May 2023, such that the last date
of trading of the H Shares on the LSE would be 18 May 2023.
Following the Delisting, the Company will continue to have a
primary listing on the Stock Exchange of Hong Kong Limited (Stock
Code: 576.HK).
For further information please contact:
Zhejiang Expressway Co., Ltd.
Tony Zheng
Company Secretary
Tel: +86 571-87987700
END