issued shares as a % of existing issued share capital before relevant share issue should be construed as redeemed shares as a % of existing issued share capital before relevant share redemption;
「已发行股份佔有关股份发行前的现有已发行股本百分比」应理解为「已赎回股份佔有关股份赎回前的现有已发行股本百分比」。

词典释义: