Future Data Group Limited — Capital/Financing Update 2023

Jul 27, 2023

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.

This announcement is for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.

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FUTURE DATA GROUP LIMITED 未來數據集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8229)

EXTENSION OF LONG STOP DATE IN RELATION TO PLACING OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to the announcement of Future Data Group Limited (the “ Company ”) dated 6 July 2023 in relation to the proposed placing of new shares under general mandate granted to the Directors at the annual general meeting of the Company held on 9 May 2023 (the “ Announcement ”). Unless otherwise defined, capitalised terms used herein shall have the same meaning as those defined in the Announcement.

EXTENSION OF LONG STOP DATE

As additional time is required for completion of administration procedures on the proposed placing, the Company and the Placing Agent, after arm’s length negotiation, have entered into a supplemental agreement (the “ Supplemental Agreement ”) on 27 July 2023 (after trading hours) to which the Company and the Placing Agent agreed to extend the long stop date of the Placing Agreement from 27 July 2023 to 17 August 2023 (or such other date as the Company and the Placing Agent may agree in writing).

The Directors consider that the terms of the Supplemental Agreement are on normal commercial terms and fair and reasonable and in the interests of the Company and the Shareholders as a whole.

Save for the aforesaid amendment under the Supplemental Agreement, there is no other change to the Placing Agreement and all other terms and conditions of the Placing Agreement shall continue to remain in full force and effect.

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Completion of the Placing is subject to the satisfaction of the Conditions under the Placing Agreement. As the Placing may or may not proceed, Shareholders and potential investors are advised to exercise caution when dealing in the Shares.

By order of the Board of Future Data Group Limited Tao Hongxia Chairlady and Executive Director

Hong Kong, 27 July 2023

As at the date of this announcement, the executive Directors are Ms. Tao Hongxia, Mr. Lee Seung Han, Mr. Tao Guolin and Mr. Cheung Ting Pong and the independent non-executive Directors are Mr. Chan Kin Ming, Mr. Lam Chi Cheung Albert and Mr. Leung Louis Ho Ming.

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 “Latest Listed Company Information” page of the website of the Stock Exchange at www.hkexnews.hk for at least seven days from the day of its publication. This announcement will also be published on the Company’s website at www.futuredatagroup.com.

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