Lingbao Gold Concludes Placement of Existing Shares and Subscription of New Shares via Top-Up Placement
Stock News
Apr 22
Lingbao Gold (03330) has announced the completion of the placement transaction as per the terms of the placement and subscription agreement on April 16, 2026. A total of 29.816 million H shares were successfully placed by the placing agent on a best-efforts basis to no fewer than six placees at a price of HKD 26.16 per share. All placees are professional institutions and/or individual investors. As all conditions for the completion of the subscription have been satisfied, the company has allotted and issued 29.816 million new H shares to the seller on April 22, 2026, at a subscription price of HKD 26.16 per share, in accordance with the terms of the placement and subscription agreement.
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