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Hang Lung Group Limited Director's Dealing 2020

Aug 13, 2020

48869_rns_2020-08-13_2eabf26b-5b41-4be9-b7c4-def03857c369.pdf

Director's Dealing

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Public Disclosure Form

13 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 Purchase /
Sale
Number of shares Price per share Resultant balance
(including those of
any person with whom
there is an agreement
**or understanding) **
Percentage of class
(including those of
any person with whom
there is an agreement
**or understanding) **
BlackRock, Inc. 12 August 2020 Sale 38,000 $4.8166 447,838,950 5.7938%
Purchase 2,000 $4.8400 447,840,950 5.7938%
Sale 12,000 $4.8166 447,828,950 5.7937%
Sale 1,000 $4.8400 447,827,950 5.7936%
Sale 42,000 $4.8400 447,785,950 5.7931%
Sale 21,000 $4.8400 447,764,950 5.7928%
Sale 63,000 $4.8400 447,701,950 5.7920%
Sale 168,000 $4.8400 447,533,950 5.7898%
Sale 21,000 $4.8400 447,512,950 5.7896%
Sale 4,000 $4.8166 447,508,950 5.7895%

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Public Disclosure Form

Purchase 4,000 $4.8400 447,512,950 5.7896%
Sale 11,000 $4.8400 447,501,950 5.7894%
Purchase 18,000 $4.8400 447,519,950 5.7897%
Sale 121,000 $4.8180 447,398,950 5.7881%
Sale 215,000 $4.8180 447,183,950 5.7853%
Sale 115,000 $4.8180 447,068,950 5.7838%
Sale 3,000 $4.8033 447,065,950 5.7838%
Sale 81,000 $4.8166 446,984,950 5.7827%
Sale 29,000 $4.8192 446,955,950 5.7824%
Sale 60,000 $4.8192 446,895,950 5.7816%
Sale 60,000 $4.8400 446,835,950 5.7808%
Sale 30,000 $4.8400 446,805,950 5.7804%
Purchase 180,000 $4.8400 446,985,950 5.7828%
Purchase 6,000 $4.8400 446,991,950 5.7828%

End

Note:

BlackRock, Inc. is a Class (6) associate of the Offeree company by virtue of its holdings of ordinary shares in the Offeree company. Dealings were made for the account of discretionary investment clients.

Items 1 to 20 reported in the Resultant balance and Percentage of class columns represents long positions in the shares of the Offeree company. Items 21 to 24 indicates a transfer upon in-specie redemptions by authorized participants.