Future Data Group Limited — Capital/Financing Update 2024

Oct 16, 2024

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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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 THE LONG STOP DATE OF A SHARE TRANSACTION REGARDING THE ACQUISITION OF THE TARGET INVOLVING THE ISSUE OF CONSIDERATION SHARES UNDER GENERAL MANDATE

Reference is made to the announcement of Future Data Group Limited (the “ Company ”) dated 17 April 2024 (the “ Announcement ”), 30 April 2024 and 6 May 2024 in relation to a share transaction regarding the acquisition of the entire issued share capital of the Target. Unless otherwise indicated, the capitalized terms used herein shall have the same meanings as ascribed to in the Announcement.

EXTENSION OF THE LONG STOP DATE

Pursuant to the Acquisition Agreement, Completion is subject to and conditional upon, among others, the fulfillment or waiver (as the case may be) of the Conditions on or before the Long Stop Date or the Extended Long Stop Date (as the case may be). In the event the approval from the SFC for the Purchaser to become the substantial shareholder (as defined in the SFO) of the Target has not yet been obtained before 5 p.m. on the Long Stop Date, the Purchaser may by written notice to the Vendor to extend the Long Stop Date to the Extended Long Stop Date. As at the date of this announcement and the expiry of the Long Stop Date, approval from the SFC for the Purchaser to become the substantial shareholder (as defined in the SFO) of the Target has not yet been obtained. As such, the Purchaser on 16 October 2024 sent a written notice to the Vendor to extend the Long Stop Date to the Extended Long Stop Date, i.e. three months from 16 October 2024. The Board considered that the extension of the Long Stop Date to the Extended Long Stop Date would be in the interests of the Company and the Shareholders as a whole.

By Order of the Board Future Data Group Limited Tao Hongxia

Chairlady and Non-executive Director

Hong Kong, 16 October 2024

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As at the date of this announcement, the executive directors of the Company are Mr. Cheung Ting Pong and Mr. Lee Seung Han, the non-executive director of the Company is Ms. Tao Hongxia and the independent non-executive directors of the Company 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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