Lingbao Gold Group (HKG:3330) obtained the approval of the Listing Committee of the Stock Exchange for the listing of 385,578,033 H shares, representing the total number of domestic shares of the company to be converted under the conversion and listing, a Friday Hong Kong bourse filing said.
The conversion and listing will involve a total of 385,578,033 domestic shares held by 14 participating shareholders, representing 31.01% of the total issued shares of the company.
After the completion of the conversion and listing, the company's domestic shares will decrease from 567.0 million or 45.60% to 181.4 million or 14.59%, while its H shares will increase from 676.5 million or 54.40% to 1.06 billion or 85.41%.
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