Noah Holdings Limited Announces Proposed Share Subdivision, Change in Board Lot Size and Record Date for the EGM
- The Share Subdivision is expected to attract more investors to trade in the Company's ordinary shares on The Stock Exchange of Hong Kong Limited.
- The proposed Change in Board Lot Size will not affect any of the relative rights of the Company's shareholders.
- None.
The Shares are currently traded on The Stock Exchange of Hong Kong Limited in board lot size of 20 Shares each. The Board also proposes that, subject to and conditional upon the Share Subdivision becoming effective, the board lot size will be changed from 20 Shares to 100 Subdivided Shares (the "Change in Board Lot Size"). The Change in Board Lot Size will not affect any of the relative rights of the Company's shareholders.
Holders of the Shares as of the close of business on Tuesday, September 12, 2023, Hong Kong time, will be entitled to attend and vote at the EGM or any adjourned meeting thereof. Holders of record of ADSs as of close of business on Tuesday, September 12, 2023, New York time, who wish to exercise their voting rights in respect of the underlying Shares must give voting instructions to Citibank, N.A., the depositary of the ADSs. Details including the date and location of the EGM will be set out in the Company's notice of EGM to be issued and provided to holders of the Shares and ADSs as of the respective record dates together with the proxy materials in due course.
Further details on the proposed Share Subdivision, Change in Board Lot Size and record date for the EGM are available on the Company's investor relations website at http://ir.noahgroup.com.
ABOUT NOAH HOLDINGS LIMITED
Noah Holdings Limited (NYSE: NOAH and HKEX:6686) is a leading and pioneer wealth management service provider in
Noah's wealth management business primarily distributes private equity, private secondary, mutual fund and other products denominated in RMB and other currencies. Noah delivers customized financial solutions to clients through a network of 1,375 relationship managers across 63 cities in mainland
For more information, please visit Noah at ir.noahgroup.com.
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SOURCE Noah Holdings Limited