EFT Solutions Holdings Limited — Director's Dealing 2018

Jan 9, 2018

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.

EFT Solutions Holdings Limited 俊盟國際控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8062)

GRANT OF OPTIONS UNDER SHARE OPTION SCHEME

This announcement is made pursuant to rule 23.06A of the Rules (the “ GEM Listing Rules ”) Governing the Listing of Securities on the Growth Enterprise Market (“ GEM ”) of The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”).

The board (the “ Board ”) of directors (the “ Director(s) ”) of EFT Solutions Holdings Limited (the “ Company ”) announces that on 9 January 2018, the Company granted a total of 48,000,000 share options (the “ Options ”) to certain eligible participants (the “ Grantee(s) ”), subject to acceptance by the Grantees, to subscribe for a total of 48,000,000 ordinary shares of HK$0.01 each (each a “ Share ”) in the share capital of the Company under the Company’s share option scheme adopted on 23 November 2016.

A summary of such grant is set out below:

Date of grant : 9 January 2018 Number of options : 48,000,000 granted Exercise price of : HK$0.530 per share the Options granted

(being the highest of: (i) the closing price of HK$0.530 per Share on the date of grant of the Options; and (ii) the average closing price of HK$0.520 per Share as stated in the daily quotation sheets issued by the Stock Exchange for the five business days immediately preceding the date of grant; and (iii) HK$0.01, being the nominal value of each Share)

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Closing price of the : HK$0.530 Shares on date of grant

Validity period of : From 9 January 2018 to 8 January 2028 the Options Vesting period : In respect of all 4,800,000 Options granted to each of the Director Grantees including Mr. Lo Chun Kit Andrew, Mr. Lo Chun Wa and Ms. Lam Ching Man, 50% of the Options granted to the Director Grantees shall become exercisable after three months from the date of grant. The remaining Options granted to the Director Grantees shall become exercisable on or after the first anniversary of the date of grant.

In respect of a total of 14,400,000 Options granted to the employee Grantees, 50% of the Options granted to the employee Grantees shall become exercisable after three months from the date of grant. The remaining Options granted to the employee Grantees shall become exercisable on or after the first anniversary of the date of grant.

In respect of all 4,800,000 Options granted to each of the consultant Grantees, 50% of the Options shall become exercisable after six months from the date of grant. The remaining Options shall become exercisable on or after the first anniversary of the date of grant.

Among the 48,000,000 Options granted, 19,200,000 Options were granted to the following Directors (or any of his/her associates) of the Company as follows:

		Number of
Name of Director		Options
(or his/her associate)	Capacity	granted
Mr. Lo Chun Kit Andrew	Executive Director	4,800,000
Mr. Lo Chun Wa	Executive Director	4,800,000
Ms. Lam Ching Man	Non-executive Director	4,800,000
Ms. Lam Tik Man	Consultant of the Group and associate of a DirectorNote	4,800,000

Note: Ms. Lam Tik Man is the sister of the non-executive Director, Ms. Lam Ching Man and the sister-in-law of the executive Director, Mr. Lo Chun Kit Andrew.

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Pursuant to Rule 23.04(1) of the GEM Listing Rules and the provision of the share option scheme, each grant of Options to a Director, chief executive or substantial shareholder of the Company, or any of their respective associates, must be approved by the independent non-executive Directors (excluding the independent non-executive Director who is the Grantee of the Options).

The grant of the Options to each of the above Directors and his/her associate has been approved by the independent non-executive Directors of the Company. No other options under any other share option scheme have been granted to the above Directors or his/her associate.

Each grant of Options to each of the Grantees does not constitute over 1% of the number of the total issued Shares of the Company.

Save as disclosed above, none of the Grantees of the Options is a director, chief executive officer or substantial shareholder of the Company, or an associate (as defined under the GEM Listing Rules) of any of them.

By Order of the Board EFT Solutions Holdings Limited Lo Chun Kit Andrew Chairman and Chief Executive Officer

Hong Kong, 9 January 2018

As at the date of this announcement, the Board comprises executive Directors Mr. Lo Chun Kit Andrew, Mr. Lo Chun Wa and Mr. Chan Lung Ming; non-executive Directors Ms. Lam Ching Man and Mr. Lui Hin Weng Samuel; and independent non-executive Directors Mr. Lam Keung, Ms. Yang Eugenia and Mr. Ng Ming Fai.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the Stock Exchange’s website at www.hkexnews.hk and the GEM website at www.hkgem.com on the “Latest Company Announcements” page for at least seven days from the date of its posting and be posted on the website of the Company at www.eftsolutions.com.

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