CTF Services Limited — Major Shareholding Notification 2023

Jul 10, 2023

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Public Disclosure Form

10 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:

PartyMorgan Stanley& Co.,Internationalplc	Date7 July2023	Descriptionof relevantsecuritiesDerivativesDerivativesDerivativesDerivatives	Descriptionof productsOther typesof productsOther typesof productsOther typesof productsOther typesof products	Nature of dealingsUnsolicited clientfacilitation - SaleUnsolicited clientfacilitation - SaleUnsolicited clientfacilitation - SaleUnsolicited clientfacilitation - Sale	Number ofreferencesecuritiesto whichthederivativesrelate2,0001,0001,0001,328,768	Maturitydate /closing outdate28 June 202431 July 20258 March 20243 July 2025	Referenceprice$8.9275$8.9250$8.9250$8.9436	Total amount paid /received$17,855.0000$8,925.0000$8,924.9800$11,883,981.4437	Resultantbalance(including thoseof any personwith whom thereis an agreementorunderstanding)0000

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Public Disclosure Form

		Derivatives	Other typesof products	Unsolicited clientfacilitation - Sale	91,232	31 July 2025	$8.9436	$815,943.3363	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	12,000	17 March2025	$8.9300	$107,160.0000	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	20,000	26 June 2024	$8.9250	$178,500.0000	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	130,000	17 June 2024	$8.9250	$1,160,250.0000	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	44,000	26 June 2024	$8.9250	$392,700.0000	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	68,000	17 June 2024	$8.9250	$606,900.0000	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	26,000	16 December2024	$8.9250	$232,050.0000	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	26,000	17 June 2024	$8.9250	$232,050.0000	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	23,000	26 June 2024	$8.9250	$205,275.0000	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	33,000	26 June 2024	$8.9250	$294,525.0000	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	3,333	26 June 2024	$8.9300	$29,763.6900	0

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Public Disclosure Form

		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	667	26 June 2024	$8.9300	$5,956.3033	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	4,667	26 June 2024	$8.9300	$41,676.3053	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	1,400	26 June 2024	$8.9250	$12,494.9860	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	666	16 December2024	$8.9300	$5,947.3800	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	1,334	26 June 2024	$8.9300	$11,912.6200	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	933	26 June 2024	$8.9300	$8,331.6900	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	1,000	26 June 2024	$8.9117	$8,911.7500	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	134	16 December2024	$8.9167	$1,194.8400	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	200	16 December2024	$8.9117	$1,782.3500	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	266	26 June 2024	$8.9167	$2,371.8500	0
		Derivatives	Other typesof products	Unsolicited clientfacilitation - Purchase	400	26 June 2024	$8.9117	$3,564.7000	0

End

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Public Disclosure Form

Note:

Morgan Stanley & Co., International plc is an exempt principal trader connected with the Offeree company. Dealings were made for its own account.

Morgan Stanley & Co., International plc is ultimately owned by Morgan Stanley.