Yancoal converts notes into shares

SIXTY subordinated capital notes issued by Yancoal SCN Limited were converted on December 31 2016, into fully paid ordinary shares in Yancoal Australia.

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Yancoal converts notes into shares Yancoal converts notes into shares Yancoal converts notes into shares Yancoal converts notes into shares Yancoal converts notes into shares

The company, whose major shareholder is the Chinese coal giant Yanzhou, said the conversion was made at the request of an eligible holder.

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