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Esprit Holdings Limited — M&A Activity 2021
Jun 16, 2021
49132_rns_2021-06-16_abfa806d-6986-43f5-978a-fa37bcfbe6b8.pdf
M&A Activity
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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.
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NIMBLE HOLDINGS COMPANY LIMITED 敏捷控股有限公司
(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)
(Stock Code: 186)
COMPLETION OF MAJOR AND CONNECTED TRANSACTION IN RELATION TO THE DISPOSAL OF THE ENTIRE SHARE CAPITAL OF A SUBSIDIARY
Reference is made to the circular (the “ Circular ”) of Nimble Holdings Company Limited (the “ Company ”) dated 21 May 2021 in respect of the major and connected transaction in relation to the disposal of the entire share capital of a subsidiary. Unless otherwise specified, capitalised terms used in this announcement shall have the same meaning as those defined in the Circular.
The Board is pleased to announce that all the Conditions Precedent under the Share Purchase Agreement to the Disposal have been fulfilled and the Completion took place on 15 June 2021 in accordance with the terms and conditions of the Share Purchase Agreement. Following Completion, the Target Company has ceased to be a subsidiary of the Company and the financial results of the Target Group will no longer be consolidated with the Group’s results.
By order of the Board Nimble Holdings Company Limited Tan Bingzhao Chairman
Hong Kong, 16 June 2021
As at the date of this announcement, the Board comprises two executive Directors, namely, Mr. Tan Bingzhao and Mr. Deng Xiangping; and three independent non-executive Directors, namely, Dr. Lin Jinying, Dr. Lu Zhenghua and Dr. Ye Hengqing.