BEIJING, May 11, 2015 /PRNewswire/ — China Life Insurance Company Limited (the “Company”) (NYSE: LFC; HKSE: 2628; SSE: 601628), announces a ratio change for the Company’s American Depositary Receipt (ADR) program. As a result, the number of the Company’s ordinary shares represented by each American Depositary Share (“ADS”) will be changed from fifteen (15) ordinary shares to five (5) ordinary shares. The date anticipated for the ratio change is May 26, 2015.
To implement the change, ADR holders on the record at the close of the market on May 22, 2015 New York time will receive two (2) additional ADRs for every one (1) ADR held. The additional ADRs are expected to be distributed on or around May 29, 2015. Existing ADRs will continue to be valid.
For further information, please contact:
Investor Relations Division/Board Secretariat
China Life Insurance Company Limited
Tel.: +86 10 6363-1244
Fax: +86 10 6657-5112
Note: The purpose of this press release is to make a general public announcement of the ratio change of the Company’s ADRs. This press release has not been prepared for the purpose of soliciting investment in the ADRs.
SOURCE China Life Insurance Company Limited