Hang Lung Group Limited — Director's Dealing 2020

Aug 31, 2020

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Public Disclosure Form

17 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	Description	Nature of dealings	Purchase	Total	Total amount	Highest (H)	Lowest (L)
		of relevant		/ Sale	number of	paid / received	prices paid	prices paid
		securities			shares		/ received	/ received
					involved
Global Markets of	14 August	Ordinary	Hedging of Delta 1 products	Sale	47,000	$231,090.0230	$4.9400	$4.8800
The Hongkong and	2020	shares	created as a result of wholly
Shanghai Banking			unsolicited client-driven orders
Corporation Limited		Delta 1	Closing / flattening / unwinding	Purchase	47,000	$231,090.0230	$4.9168	$4.9168
		products	of proprietary positions arising
			from unsolicited client-driven
			dealings. I confirm this was
			done no later than the close of
			the morning trading session on
			the trading day following the
			orginating client-driven dealing

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Public Disclosure Form

Ordinary	Hedging of Delta 1 products	Sale	628,000	$3,088,539.79	$4.9400	$4.8800
shares	created as a result of wholly			60
	unsolicited client-driven orders
Delta 1	Closing / flattening / unwinding	Purchase	628,000	$3,088,539.79	$4.9181	$4.9181
products	of proprietary positions arising			60
	from unsolicited client-driven
	dealings. I confirm this was
	done no later than the close of
	the morning trading session on
	the trading day following the
	orginating client-driven dealing

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.