ZIJIN GOLD INTL (02259): Conclusion of Stabilization Period and Actions

Stock News
Oct 26

ZIJIN GOLD INTL (02259) announced that the stabilization period for its global offering ended on October 25, 2025, which is the 30th day after the application deadline for the public offering in Hong Kong. The stabilization actions taken by the stabilizing agent, Morgan Stanley Asia Limited, its affiliates, or anyone acting on their behalf during the stabilization period are detailed as follows: A total of 52,348,600 shares, representing approximately 15% of the initially available shares for subscription in the global offering (before the exercise of any over-allotment option), were allocated to stabilize the offering. These shares were borrowed under a borrowing agreement by the stabilizing agent, Morgan Stanley Asia Limited, and its affiliates. Additionally, the overall coordinator, on behalf of itself and the international underwriters, fully exercised the over-allotment option on October 8, 2025, which involved a total of 52,348,600 shares priced at HKD 71.59 per share, to facilitate the return of the shares borrowed by the stabilizing agent. During the stabilization period, the stabilizing agent did not trade any shares in the market for stabilization purposes.

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