Lingbao Gold Quadruples On-Market Buyback Limit to 30.00 Million H Shares, Equal to 2.17% of Issued Capital

Bulletin Express
06/08

Lingbao Gold Group Company Ltd. has raised the ceiling of its ongoing on-market share repurchase programme from 6.91 million to 30.00 million H shares, an increase of 23.09 million shares. The revised limit equals 2.17% of the company’s total issued share capital and 2.50% of its H-share float as of 8 June 2026.

According to the board, boosting the buyback quota is intended to “enhance investor confidence” and strengthen the group’s long-term incentive system. All other parameters of the repurchase scheme remain unchanged.

Management affirmed that the programme will comply with Hong Kong’s Listing Rules, the Takeovers Code and all relevant regulations. The company does not expect the enlarged buyback to trigger a mandatory general offer. Execution will depend on market conditions and the board’s discretion; quantities, timing and prices were not specified.

Lingbao Gold cautioned shareholders and prospective investors to exercise discretion when trading the stock, reiterating that the repurchase plan’s implementation is not guaranteed.

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