SD Gold (01787) Shareholder Transfers Shares from Citibank to HSBC Hong Kong, Transfer Value Reaches HK$1.086 Billion

Stock News
Sep 12

According to the latest data from the Hong Kong Stock Exchange, on September 11, a shareholder of SD Gold (01787) transferred shares from Citibank to The Hongkong and Shanghai Banking Corporation Limited, with a transfer value of HK$1.086 billion, representing 3.2% of the company's shares.

SD Gold announced the completion of issuing a total of 136.5 million placement shares. All conditions set forth in the placement agreement have been fulfilled, and completion was implemented on September 9, 2025, in accordance with the terms and conditions of the placement agreement.

As of the announcement date, under the terms and conditions of the placement agreement, the placing agent successfully placed a total of 136.5 million placement shares at a placement price of HK$28.58 per placement share to no fewer than six placees. This represents approximately 15.89% of the issued H shares immediately before completion and approximately 3.05% of the total issued shares; and approximately 13.71% of the enlarged issued H shares immediately after completion following the allotment and issue of the placement shares and approximately 2.96% of the total issued shares.

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