CTF Services Limited — Director's Dealing 2023

Jul 14, 2023

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Public Disclosure Form

14 July 2023

Possible voluntary general offer

Disclosure of dealings in the shares of NWS Holdings Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Descriptionof relevantsecurities	Nature of dealings	Purchase /Sale	Totalnumber ofsharesinvolved	Total amountpaid / received	Highest (H)prices paid/ received	Lowest (L)prices paid/ received
Morgan Stanley& Co.,International plc	13 July2023	Ordinaryshares	Hedging of Delta 1 productscreated as a result of whollyunsolicited client-driven orders	Purchase	472,000	$4,237,164.6516	$8.9787	$8.9600
		Ordinaryshares	Hedging of Delta 1 productscreated as a result of whollyunsolicited client-driven orders	Sale	239,000	$2,142,698.0000	$8.9770	$8.9600

End

Note:

Morgan Stanley & Co., International plc is a Class (5) associate connected with the Offeree company.

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Public Disclosure Form

Dealings were made for its own account. Morgan Stanley & Co., International plc is ultimately owned by Morgan Stanley.