China Mobile (CHL) 6-K 6-K 20200615

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the Month of June 2020

Commission File Number:1-14696

China Mobile Limited

(Translation of registrant’s name into English)

60/F, The Center

99 Queen’s Road Central

Hong Kong, China

(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 ____

Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(1):____

Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(7): ____

Indicate by check mark whether by furnishing the information contained in this Form, the registrant 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_    

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-.

EXHIBITS

Exhibit Number
1.1	Announcement with respect to Grant of Share Options Under the Share Option Scheme, dated June 12, 2020

FORWARD-LOOKING STATEMENTS

This announcement contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to:

• our business objectives and strategies, including those relating to the development of our terminal procurement and distribution business;

• our operations and prospects;

• our network expansion and capital expenditure plans;

• the expected impact of any acquisitions or other strategic transactions;

• our provision of services, including fifth generation, or 5G, services, wireline broadband services and services based on technological evolution, and the ability to attract customers to these services;

• the planned development of future generations of mobile technologies, including 5G technologies, and other technologies and related applications;

• the anticipated evolution of the industry chain of 5G and future generations of mobile technologies, including future development in, and availability of, terminals that support our provision of services based on 5G and future generations of mobile technologies, and testing and commercialization of future generations of mobile technologies;

• the expected benefit from our investment in and any arrangements with China Tower Corporation Limited;

• the expected impact of the implementation in Mainland China of the policy of “speed upgrade and tariff reduction” and the cancellation of roaming tariffs on our business, financial condition and results of operations;

• the expected impact of tariff changes on our business, financial condition and results of operations;

• the potential impact of restrictions, sanctions or other legal or regulatory actions under relevant laws and regulations in various jurisdictions on our telecommunications equipment suppliers and other business partners;

• the potential impact of the outcome of the State Administration for Market Regulation’s investigation on us;

• the impact of the outbreak of the coronavirus disease, or COVID-19, a disease caused by a novel strain of coronavirus, on the PRC economy and our operations and financial performance;

• the expected impact of new service offerings on our business, financial condition and results of operations; and

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• future developments in the telecommunications industry in Mainland China, including changes in the regulatory and competitive landscape.

The words “aim”, “anticipate”, “believe”, “could”, “endeavor”, “estimate”, “expect”, “intend”, “may”, “plan”, “seek”, “should”, “strive”, “target”, “will” and similar expressions, as they relate to us, are intended to identify certain of these forward-looking statements. We do not intend to update these forward-looking statements and are under no obligation to do so.

These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual results may differ materially from information contained in the forward-looking statements as a result of a number of factors, including the risk factors set forth in the “Risk Factor” section of our latest Annual Report on Form 20-F, as filed with the U.S. Securities and Exchange Commission.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		CHINA MOBILE LIMITED
Date:	June 15, 2020	By:	/s/ Dong Xin
			Name:	Dong Xin
			Title:	Executive Director, Vice President and Chief Financial Officer
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Exhibit 1.1

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

GRANT OF SHARE OPTIONS UNDER THE SHARE OPTION SCHEME

ThisannouncementismadebyChinaMobileLimited(the“Company”)pursuanttoRule 17.06AoftheRulesGoverningtheListingofSecuritiesonTheStockExchangeofHong KongLimited(the“ListingRules”).

Reference is made to (i) the announcement of the Company dated 23 January 2020 (the “Announcement”) and the circular of the Company dated 14 April 2020 (the “Circular”) in relation to the proposed adoption of the Share Option Scheme; and (ii) the AGM poll results announcement of the Company dated 20 May 2020. Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the AnnouncementandtheCircular.

GRANTOFSHAREOPTIONSUNDERTHESHAREOPTIONSCHEME

The Company hereby announces that on 12 June 2020, the Board has approved the Grant of Share Options representing an aggregate of 305,601,702 Shares to 9,914 Scheme Participants pursuanttotheauthorizationbytheShareholdersattheAGMdated20May2020.Detailsof theShareOptionsgrantedaresetoutasfollows:

Grant Date:	12 June 2020
Exercise Price:	HK$55.00perShare,whichisthehigherof:(i)HK$54.25,being the closing price of the Shares on the Grant Date; and (ii) HK$55.00, being the average closing price of the Shares on the five(5)tradingdayspriortotheGrantDate.

Number of Shares underlying Share Options granted:	305,601,702Shares
Vesting Period:	SubjecttothesatisfactionoftheConditionsforVestingasprovided under the Share Option Scheme, the Share Optionsgrantedshallbevestedinthreebatchesasfollows:
	(i)	The first batch (being 40% of the Share Options granted) will be vested on the first trading day after twenty-four (24) months from the Grant Date;
	(ii)	The second batch (being 30% of the Share Options granted) will be vested on the first trading day after thirty-six (36) months from the Grant Date; and
	(iii)	The third batch (being 30% of the Share Options granted) will be vested on the first trading day after forty-eight (48) months from the Grant Date.
Time when Vesting Period ends:	Ten (10) years from the Grant Date

The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief, none of the Scheme Participants is a Director, chief executive or substantial Shareholder of the Company, or any of their respective associates (as defined under the Listing Rules).

By Order of the Board

China Mobile Limited

Wong Wai Lan, Grace

Company Secretary

Hong Kong, 12 June 2020

FORWARD-LOOKINGSTATEMENTS

Certain statements contained in this announcement may be viewed as “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Companytobemateriallydifferentfromthoseimpliedbysuchforward-lookingstatements. In addition, the Company does not intend to update these forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company’s most recent Annual Report on Form 20-F and other filings with the U.S. Securities and ExchangeCommission.

Asatthedateofthisannouncement,theBoardofDirectorsoftheCompanycomprises

Mr. Yang Jie, Mr. Dong Xin and Mr. Wang Yuhang as executive directors and Dr. Moses Cheng Mo Chi, Mr. Paul Chow Man Yiu, Mr. Stephen Yiu KinWah and Dr. Yang Qiang as independentnon-executivedirectors.