Hang Lung Group Limited — Director's Dealing 2020

Aug 31, 2020

==> picture [173 x 58] intentionally omitted <==

Public Disclosure Form

21 August 2020

Partial offer

Disclosure of dealings in the shares of PCCW Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Descriptionof relevantsecurities	Nature of dealings	Purchase /Sale	Totalnumber ofsharesinvolved	Total amountpaid / received	Highest (H)prices paid /received	Lowest (L)prices paid /received
Global Markets ofThe Hongkong andShanghai BankingCorporation Limited	20 August2020	Ordinaryshares	Hedging of Delta 1 productscreated as a result of whollyunsolicited client-driven orders	Sale	277,000	$1,349,719.8950	$4.9000	$4.8500
		Delta 1products	Closing / flattening / unwindingof proprietary positions arisingfrom unsolicited client-drivendealings. I confirm this wasdone no later than the close ofthe morning trading session onthe trading day following theorginating client-driven dealing	Purchase	277,000	$1,349,719.8950	$4.8726	$4.8726

==> picture [71 x 43] intentionally omitted <==

Public Disclosure Form

End

Note:

Global Markets of The Hongkong and Shanghai Banking Corporation Limited is an exempt principal trader connected with the Offeree company. Dealings were made for its own account.

Global Markets of The Hongkong and Shanghai Banking Corporation Limited is ultimately owned by HSBC Holdings plc.