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HK Bourse: Announcement From Wanguo International Mining Group Ltd.

28 Feb 2018 10:47 am
 
    Following is the related link: 
http://www.hkexnews.hk/listedco/listconews/sehk/2018/0228/LTN20180228952.pdf 
 
 
 
    COMPLETION OF SECOND SUBSCRIPTION OF NEW SHARES 
               UNDER GENERAL MANDATE 
 
References are made to the announcements of Wanguo International Mining Group Limited 
(the "Company") dated 3 November 2017, 24 November 2017, 18 December 2017 and 31 
January 2018 respectively (the "Announcements") in relation to the Subscriptions. Unless 
otherwise stated, terms used herein shall have the same meanings as defined in the 
Announcements. 
 
The Board is pleased to announce that all conditions precedent of the Second Subscription 
have been fulfilled and the Second Completion Date took place on 28 February 2018. 
Pursuant to the Subscription Agreement, 54,000,000 Second Subscription Shares have been 
allotted and issued to the Subscriber (now known as Cheng Tun Prime Shine Limited) at the 
Subscription Price of HK$1.86 per Subscription Share. The Subscription Shares had been 
allotted and issued under the General Mandate. Immediately upon completion of the Second 
Subscription, the Subscriber has become a substantial shareholder (as defined in the Listing 
Rules) of the Company. 
 
The shareholding structure of the Company immediately before and after the allotment and 
issuance of the Second Subscription Shares is as follows: 
 
 
 
 
                                               1 
                                        Immediately before allotment   Immediately after allotment 
                                         and issuance of the Second     and issuance of the Second 
                                            Subscription Shares            Subscription Shares 
Name of the Shareholders                  Number of        Approx. %     Number of        Approx. % 
                                           Shares                         Shares 
 
Victor Soar Investments Limited1             281,400,000       42.25      281,400,000         39.08 
Achieve Ample Investments Limited2           138,600,000       20.81      138,600,000         19.25 
The Subscriber                                66,000,000        9.91      120,000,000         16.67 
Public Shareholders                          180,000,000       27.03      180,000,000         25.00 
Total                                        666,000,000      100.00      720,000,000        100.00 
 
 
 
Notes: 
 
1. Victor Soar Investments Limited is wholly-owned and controlled by Mr. Gao Mingqing. Mr. Gao 
   Mingqing is the Chairman, Chief Executive Officer and an executive director of the Company. 
 
 
2. Achieve Ample Investments Limited is wholly-owned and controlled by Ms. Gao Jinzhu. Ms. Gao 
    Jinzhu is an executive director of the Company. 
 
 
 
 
 
Source: Hong Kong Exchanges & Clearing 
 
 

(END) Dow Jones Newswires

February 28, 2018 05:47 ET (10:47 GMT)
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