Bona Film Group: CITIC Securities and Alibaba Pictures plan to reduce their holdings by 3% and 2.0016% respectively
Bona Film Group announced that CITIC Securities Investment Co., Ltd. and its persons acting in concert, which collectively hold 10.3431% of the company's shares, plan to reduce their holdings by no more than 40.9764 million shares, accounting for 3.0000% of the company's total share capital. Zhejiang Dongyang Alibaba Pictures Co., Ltd., a shareholder holding 6.2178% of the company's shares, plans to reduce its holdings by no more than 27.3389 million shares, accounting for 2.0016% of the company's total share capital. The reduction period is within three months after 15 trading days from the date of disclosure of the announcement, and the reduction method is centralized bidding and block trading. The reduction price will be determined based on the market price, but will not be lower than the company's most recent audited net asset per share.