Reported on October 15th, according to the documents disclosed by the Hong Kong Stock Exchange on October 15th, GOLDEN CRANE HOLDINGS LIMITED increased its off-market shareholding on October 9th with an average price of 8.12 Hong Kong dollars per share.$WANGUO GOLD GP (03939.HK)$72.155 million ordinary shares of stock were acquired for approximately 0.586 billion Hong Kong dollars. After the shareholding increase, GOLDEN CRANE HOLDINGS LIMITED's latest number of shares held is 72.155 million, and the holding proportion increased from 0.00% to 7.86%.
This trade involves other related parties: He Guangping.
Supplementary information: On August 9, 2024, the Company entered into a Sale and Purchase Agreement with Golden Crane and Prominence Investment. The Company agreed conditionally to acquire the Sale Shares, representing 20.22% of the share capital of AXF Gold Ridge Pty Ltd, and settled by allotting Consideration Shares to Golden Crane and Prominence Investment. The transaction was completed on October 9, 2024.
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According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the company's shares) must disclose their shareholding in the listed company. Directors and senior executives of the listed company must disclose their shareholding and equity certificate rights in the listed company and any related companies.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) individuals who control or have the ability to control the shareholding of the listed company and (2) individuals who may benefit from transactions involving entities related to the listed company.
