Wanguo Gold proposes share subdivision, board lot size change

Wanguo Gold Group Limited announced a proposed share subdivision where each existing HK$0.1 share will be split into four HK$0.025 subdivided shares. This will increase the total number of authorized shares from 10bn to 40bn, with 4,425,308,800 subdivided shares in issue assuming no further share transactions before the change. The subdivision is expected to become effective on the second business day after conditions are met.

Concurrently, the company proposes to change its board lot size. Currently traded in lots of 2,000 shares, the subdivided shares will be traded in board lots of 500. Based on the closing price of HK$30.74 per share, the market value of a board lot is expected to theoretically decrease from HK$61,480 to HK$3,842.50.

The company believes these changes will lower investment barriers, improve trading liquidity, and broaden the shareholder base. An Extraordinary General Meeting (EGM) is scheduled for Friday, 21 November 2025, to approve the share subdivision, with a circular providing further details expected to be despatched on or before Thursday, 6 November 2025.