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Future Data Group Limited — M&A Activity 2022
Sep 26, 2022
51343_rns_2022-09-26_6d81b698-4158-4cb7-9302-243c5a526254.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 joint 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 joint announcement.
This joint announcement appears for information purposes only and does not constitute, or form part of, an invitation or offer to acquire, purchase or subscribe for securities of Future Data Group Limited or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities of Future Data Group Limited in any jurisdiction in contravention of applicable law or regulation. This joint announcement is not for release, publication or distribution in or into any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.
VARIANT WEALTH GORGEOUS REAL INVESTMENT INVESTMENT HOLDING DEVELOPMENT LIMITED LIMITED FUTURE DATA GROUP LIMITED 偉富投資發展有限公司 華置投資控股有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8229) (Incorporated in the Republic of (Incorporated in the British Virgin Islands Seychelles with limited liability) with limited liability)
JOINT ANNOUNCEMENT
SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO AGREEMENT IN RELATION TO THE SALE AND PURCHASE OF THE SALE SHARES IN FUTURE DATA GROUP LIMITED
Reference is made to the announcement (the “ R3.5 Announcement ”) jointly published by Variant Wealth Investment Development Limited and Gorgeous Real Investment Holding Limited (as the Joint Offerors) and Future Data Group Limited dated 13 September 2022 in relation to, among other things, the Sale and Purchase Agreement and the Offer pursuant to Rule 3.5 of the Takeovers Code. Unless otherwise defined, terms used herein shall have the same meanings as those set out in the R3.5 Announcement.
As disclosed in the R3.5 Announcement, Completion will take place on 23 September 2022, or such other date as agreed by the Joint Offerors and the Vendor. As additional time is required to compile the completion deliverables, Completion did not take place on 23 September 2022. The Joint Offerors and the Vendor have agreed that Completion shall take place on or before 28 September 2022.
The terms and conditions of the Sale and Purchase Agreement remain unchanged and continue to be in full force and effect.
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Further announcement(s) regarding the Completion will be made jointly by the Joint Offerors and the Company as and when appropriate.
By order of the board of By order of the board of By order of the Board VARIANT WEALTH GORGEOUS REAL FUTURE DATA GROUP INVESTMENT INVESTMENT HOLDING LIMITED DEVELOPMENT LIMITED LIMITED Suh Seung Hyun 偉富投資發展有限公司 華置投資控股有限公司 Chairman Tao Guolin Tao Hongxia Sole Director Sole Director
Hong Kong, 26 September 2022
As at the date of this joint announcement, the executive Directors are Mr. Suh Seung Hyun, Mr. Phung, Mr. Lee Seung Han, Mr. Ryoo Seong Ryul and Mr. GL Tao; and the independent non-executive Directors are Mr. Wong Sik Kei, Mr. Sum Chun Ho and Mr. Yung Kai Tai.
The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this joint announcement (other than the information relating to the Joint Offerors and the Joint Offerors’ Concert Parties (excluding Mr. GL Tao)), and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this joint announcement (other than those expressed by the sole director of each of the Joint Offerors (excluding Mr. GL Tao)) have been arrived at after due and careful consideration and there are no other facts not contained in this joint announcement the omission of which would make any such statement contained in this joint announcement misleading.
As at the date of this joint announcement, Mr. GL Tao is the sole director of Variant Wealth Investment Development Limited (one of the Joint Offerors) and Ms. Tao is the sole director of Gorgeous Real Investment Holding Limited (one of the Joint Offerors).
The sole director of each of the Joint Offerors (being Mr. GL Tao and Ms. Tao) jointly and severally accepts full responsibility for the accuracy of the information contained in this joint announcement (other than the information relating to the Group and the Vendor (excluding Mr. GL Tao)), and confirms, having made all reasonable enquires, that to the best of his/her knowledge, opinions expressed in this joint announcement (other than those expressed by the Directors (excluding Mr. GL Tao)) have been arrived at after due and careful consideration and there are no other facts not contained in this joint announcement the omission of which would make any such statement contained in this joint announcement misleading.
This joint 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 joint announcement will also be published on the Company’s website at www.futuredatagroup.com.
The English text of this joint announcement shall prevail over its Chinese text.
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