Lingbao Gold (03330) Allots 10.66 Million New H Shares After HK$190 Million Convertible Bond Conversion

Bulletin Express03-17

Lingbao Gold Group Company Ltd. (stock code: 03330, “Lingbao Gold”) has expanded its issued H-share capital following the partial conversion of outstanding convertible bonds. On 17 March 2026, bondholders exercised conversion rights over HK$190.00 million in principal amount of convertible bonds at a conversion price of HK$17.83 per share.

The transaction resulted in the issuance and allotment of 10.66 million new ordinary H shares, representing 0.94 % of Lingbao Gold’s pre-conversion issued share capital. Consequently, the company’s total issued shares (excluding treasury shares) rose from 1,133.62 million to 1,144.28 million.

No treasury shares were created, cancelled, sold or repurchased in connection with this event, and the company reported no outstanding repurchases or treasury‐share sales as of the same date.

The board confirmed that the share issuance complied with all applicable regulations of the Hong Kong Stock Exchange, and that all consideration due from the conversion has been duly received.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment