WELLCELL HOLD (02477) Proposes Four-for-One Stock Split

Stock News03-25

WELLCELL HOLD (02477) announced that its board of directors has recommended a share subdivision. The proposal involves subdividing each existing issued and unissued share with a nominal value of HK$0.005 into four new shares, each with a nominal value of HK$0.00125. Following the effective date of the share subdivision, the company's authorized share capital will be HK$10 million, represented by 8 billion subdivided shares. Of these, 4 billion subdivided shares will be issued and fully paid or credited as fully paid, assuming no further shares are issued or repurchased between the date of this announcement and the effective date of the subdivision.

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