SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2007
PETROCHINA COMPANY LIMITED
16 ANDELU, DONGCHENG DISTRICT
BEIJING, THE PEOPLE'S REPUBLIC OF CHINA, 100011
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes No X
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(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- )
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PetroChina Company Limited (the "Registrant") is furnishing under the cover
of Form 6-K the Registrant's announcement with respect to the completion of the
A Share Issue.
The Stock Exchange of Hong Kong Limited takes no responsibility for the contents
of this announcement, makes no representation as to its accuracy or completeness
and expressly disclaims any liability whatsoever for any loss howsoever arising
from or in reliance upon the whole or any part of the contents of this
announcement.
(PETROCHINA COMPANY LOGO)
(CHINESE CHARACTERS)
PETROCHINA COMPANY LIMITED
(a joint stock limited company incorporated in
the People's Republic of China with limited liability)
(Stock Code: 857)
COMPLETION OF THE A SHARE ISSUE
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The A Shares of the Company will be listed and commence trading on the Shanghai
Stock Exchange on 5 November 2007.
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Reference is made to the Company's announcements dated 19 June 2007, 20
September 2007, 21 October 2007, 24 October 2007 and 29 October 2007 and
circular to the Shareholders dated 25 June 2007 in respect of the A Share Issue.
Unless otherwise indicated, capitalized terms used in this announcement shall
have the same meaning as those defined in the said circular and announcements.
The A Share Issue has been completed. The A Shares will be listed and commence
trading on the Shanghai Stock Exchange on 5 November 2007. Some key information
in respect of the A Share listing is as follows:
Place of listing: Shanghai Stock Exchange
Date of listing: 5 November 2007
Stock Name: (CHINESE CHARACTERS) PetroChina
Stock Code: 601857
Total number of issued Shares
after Completion of the A Share Issue: 183,020,977,818 Shares (comprising 21,098,900,000 H Shares and
161,922,077,818 A Shares, of which 157,922,077,818 A Shares are
held by CNPC)
The proceeds of the A Share Issue is RMB 66,800,000,000 and, after deducting
related expenses of RMB 556,707,776, the net proceeds of the A Share Issue is
RMB 66,243,292,224.
Set out below is the change in the shareholding structure of the Company
immediately after completion of the A Share Issue:
Name of the Shareholder Before Completion of the A Immediately after Completion of the
Share Issue A Share Issue
Number of Shares Shareholding Number of Shares Shareholding
(share) percentage % (share) percentage %
CNPC 157,922,077,818 88.21 157,922,077,818 86.29
Public Investors 21,098,900,000 11.79 25,098,900,000 13.71
Among which: A Shares -- -- 4,000,000,000 2.18
H Shares 21,098,900,000 11.79 21,098,900,000 11.53
Total 179,020,977,818 100 183,020,977,818 100
Following the A Share Issue pursuant to the approval of relevant approval
authorities, all the existing Domestic Shares issued before the A Share Issue,
i.e., the Shares in the Company held by CNPC, the controlling shareholder of the
Company, have been registered with China Securities Depository and Clearing
Corporation Limited as circulative A Shares. CNPC has undertaken that for a
period of 36 months commencing from the date of listing of the A Shares on the
Shanghai Stock Exchange ("Listing Date"), it will not transfer or entrust others
for the management of the A Shares which it holds in the capital of the Company
or allow such Shares to be repurchased by the Company. However, certain Shares
of the Company that CNPC holds, which may be subsequently listed on overseas
stock exchanges after obtaining necessary approval in the PRC, are not subject
to the restriction of the 36-month lock-up period. All of these Shares held by
CNPC, save and except for the lock-up period, carry the same rights as other A
Shares issued by the Company.
One billion A Shares that have been placed with target placees off-line will be
subject to a lock-up period of three months from the Listing Date. Three billion
A Shares that have been subscribed for on-line are not subject to any lock-up
period.
An announcement regarding completion of the A Share Issue will be published in
several PRC newspapers including the China Securities Journal, Shanghai
Securities News, Securities Times and Securities Daily on 2 November 2007. The
announcement will set out the above information, details of the A Share Issue as
well as basic information about the Company. Such full announcement and the A
Share prospectus were published on the websites of the Hong Kong Stock Exchange,
the Shanghai Stock Exchange (www.sse.com.cn) and the Company as at the date of
this announcement.
By Order of the Board
PETROCHINA COMPANY LIMITED
LI HUAIQI
Secretary to the Board
Beijing, the PRC
1 November 2007
As at the date of this announcement, the Board comprises Mr. Jiang Jiemin as the
Chairman; Mr. Duan Wende as the executive Director; Mr. Zheng Hu, Mr. Zhou
Jiping, Mr. Wang Yilin, Mr. Zeng Yukang, Mr. Gong Huazhang and Mr. Jiang Fan as
non-executive Directors; and Mr. Chee-Chen Tung, Mr. Liu Hongru and Mr. Franco
Bernabe as independent non-executive Directors.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this announcement to be signed on its behalf by the
undersigned, thereunto duly authorized.
PetroChina Company Limited
Dated: November 1, 2007 By: /s/ Li Huaiqi
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Name: Li Huaiqi
Title: Company Secretary