WANGUO GOLD GP Founder Increases Stake with 2.03 Million Share Purchase

Deep News04-13 08:40

WANGUO GOLD GP (03939) announced that the company's Board of Directors has been notified by its founder, Executive Director, major shareholder, and Board Chairman, Mr. Gao Mingqing, that he has purchased a total of 2.03 million ordinary shares in the company through Jiesheng Investment Limited, an entity wholly owned by Mr. Gao. The purchase comprised 1.7 million shares acquired on April 1, 2026, and 330,000 shares acquired on April 2, 2026, in the open market at average prices of HKD 14.245 and HKD 13.6591 per share, respectively.

Following this acquisition, Jiesheng holds 1.134 billion shares in the company, in which Mr. Gao is deemed to have an interest. This represents approximately 25.62% of the company's total issued share capital, including treasury shares, as of the date of this announcement.

The Board of Directors believes the share purchase demonstrates Mr. Gao's confidence in the company's future prospects and growth potential, as well as his long-term commitment to the company.

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