WH Group Listed on Hong Kong Stock Exchange

HONG KONG - An application has been made by the Joint Sponsors on behalf of the WH Group. Formerly Shuanghui International and the owners of the Shuanghui and Smithfield pig meat processing groups to the list the company on the Hong Kong stock exchange.
calendar icon 21 April 2014
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The offering is expected to raise around HK$30 billion.

The Global Offering comprises the Hong Kong Public Offering of initially 182,749,000 Hong Kong Public Offering Shares (subject to reallocation and the Offer Size Adjustment Option), representing approximately five per cent of the total number of Offer Shares initially being available under the GlobalOffering.

The International Offering is initially 3,472,231,000 International Offering Shares (subject to reallocation, the Offer Size Adjustment Option and the Over-allotment Option) of which 2,741,231,000 are new Shares offered for sale by the Company and 731,000,000 are Sale Shares offered for sale by the Selling Shareholders, together representing approximately 95 per cent of the total number of Offer
Shares initially available under the Global Offering.

The allocation of the Offer Shares between the Hong Kong Public Offering and the International Offering is subject to reallocation.

The Hong Kong Public Offering becomes unconditional on Wednesday, 30 April 2014, it is expected that dealings in the Shares on the Stock Exchange will start that day.

In the event that the Over-allotment Option is exercised, an announcement will be made on the website of the Company at www.wh-group.com and the website of the Stock Exchange at www.hkexnews.hk.

The Offer Price will not be more than HK$11.25 per Share and is expected to be not less than HK$8.00 per Share.

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