Dec 20, 2017 - Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibili
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
PYI Corporation Limited (Incorporated in Bermuda with limited liability) (Stock Code: 498)
Acquisition of Shares by a Director This announcement is made by PYI Corporation Limited (the “Company”), pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the “SFO”). The board of directors of the Company (the “Board”) has been informed by Mr. Lau Tom Ko Yuen, the Chairman and Managing Director of the Company (“Mr. Lau”) that, Rally Praise Limited, a company wholly owned by Mr. Lau, has acquired an aggregate of 498,223,308 shares in the Company (the “Shares”) (representing approximately 9.026% of the issued share capital of the Company as at the date of this announcement) for a cash consideration of HK$149,466,992.40 equivalent to the price of HK$0.30 per Share (the “Acquisition”) from two independent third parties on 20 December 2017. Immediately before the Acquisition, Mr. Lau was interested in 14,672,605 shares in the Company (representing approximately 0.266% of the issued share capital of the Company as at the date of this announcement) and 45,000,000 underlying shares in respect of share options granted to him on 29 June 2015 pursuant to the share option scheme of the Company (the “Share Options”). Immediately following the Acquisition, Mr. Lau is interested in 512,895,913 shares in the Company (representing approximately 9.292% of the issued share capital of the Company as at the date of this announcement) and 45,000,000 Share Options. Save for the above, the Board is not aware of any inside information that needs to be disclosed under Part XIVA of the SFO. Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares in the Company.
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By Order of the Board PYI Corporation Limited Lau Tom Ko Yuen Chairman and Managing Director Hong Kong, 20 December 2017 As at the date of this announcement, the composition of the Board is as follows:
Mr. Lau Tom Ko Yuen Mr. Sue Ka Lok Ms. Wu Yan Yee Mr. Chan Shu Kin Ms. Wong Lai Kin, Elsa Mr. Mok Yat Fan, Edmond
: Chairman and Managing Director : Executive Director : Executive Director : Independent Non-Executive Director : Independent Non-Executive Director : Independent Non-Executive Director
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