Wanguo Gold shareholders approve share subdivision, scheme adjustments

Wanguo Gold Group Limited announced the results of its Extraordinary General Meeting (EGM) held on November 21, 2025, where shareholders approved an ordinary resolution to subdivide existing shares. Each ordinary share with a par value of HK$0.1 will be split into four ordinary shares with a par value of HK$0.025 each. The resolution passed with 99.99% of votes in favor. The share subdivision is scheduled to become effective on Tuesday, November 25, 2025, with dealings in the subdivided shares commencing the same day at 9:00 a.m.

The subdivision will also trigger adjustments to the company's 2024 Share Option Scheme and 2024 Share Award Scheme. Outstanding share options, initially totaling 10,880,000, will increase to 43,520,000. For options granted on January 24, 2025, the exercise price per share will adjust from HK$13.31 to HK$3.3275, while options granted on March 20, 2025, will see their exercise price adjust from HK$17.80 to HK$4.45.

Furthermore, the maximum number of shares available for future grant under both schemes will increase from 95,372,720 shares to 381,490,880 subdivided shares. The portion available for service provider participants will adjust from 30,914,816 shares to 123,659,264 subdivided shares. All other terms and conditions of the schemes remain unchanged.