Intron Technology Holdings Limited — Director's Dealing 2019

Jan 21, 2019

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.

==> picture [135 x 52] intentionally omitted <==

INTRON TECHNOLOGY HOLDINGS LIMITED 英恒科技控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1760)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

The board (the “ Board ”) of directors (the “ Directors ”) of Intron Technology Holdings Limited (the “ Company ”) announces that on 21 January 2019 (the “ Date of Grant ”), the Company granted share options (the “ Share Options ”) to the eligible participants (the “ Grantees ”) to subscribe for a total of 30,678,600 ordinary shares of HK$0.01 each in the share capital of the Company (the “ Shares ”) under the share option scheme adopted by the Company on 22 June 2018, subject to acceptance by the Grantees being fulfilled.

Among the total of 30,678,600 Share Options granted, an aggregate of 3,200,000 Share Options were granted to the following Grantees who are either the Director, chief executive and/or the substantial shareholder (as defined in the Listing Rules) of the Company, or an associate (as defined in the Listing Rules) of any of them:

			Approximate
			% of the issued
			share capital of
		Number of	the Company as
	Position held with the	Share Options	at the date of
Name of Grantee	Company	granted	this announcement
Mr. Chan Ming	Executive Director	1,550,000	0.150%
Mr. Ng Ming Chee	Executive Director	1,500,000	0.145%
Mr. Tsui Yung Kwok	Independent non-executive
	Director	50,000	0.005%
Mr. Yu Hong	Independent non-executive
	Director	50,000	0.005%
Mr. Jiang Yongwei	Independent non-executive
	Director	50,000	0.005%

– 1 –

The grant of Share Options to each of Mr. Chan Ming and Mr. Ng Ming Chee has been approved by the independent non-executive Directors in accordance with Rule 17.04(1) of the Listing Rules. The grant of Share Options to each of Mr. Tsui Yung Kwok, Mr. Yu Hong and Mr. Jiang Yongwei has been approved by the independent non-executive Directors (other than the independent non-executive Director who is a Grantee) in accordance with Rule 17.04(1) of the Listing Rules.

The details of the Share Options granted are set out below:

Date of grant : 21 January 2019 Total number of Share Options : 30,678,600 granted Exercise price of the Share Options : HK$2.662 per Share granted Closing price of the Shares on the : HK$2.66 per Share date of grant The average closing price of the : HK$2.662 per Share Shares for the five business days immediately preceding the date of grant Exercise period : The Share Options granted shall vest in the Grantees in accordance with the timetable below, each with an exercise period commencing from the relevant Share Option Vesting Date and ending on 31 December 2025 (for this purpose, the date or each such date on which the Share Options are to vest being hereinafter referred to as a “ Share Option Vesting Date ”):

Share Option Vesting Percentage of Share Date Options to Vest 1 January 2020 25% of the total number of Share Options granted 1 January 2021 25% of the total number of Share Options granted 1 January 2022 25% of the total number of Share Options granted 1 January 2023 25% of the total number of Share Options granted

– 2 –

Save as disclosed above, to the best of the Directors’ knowledge, information and belief, having made all reasonable enquiries, none of the other Grantees is a Director, chief executive or substantial shareholder of the Company, or an associate (as defined in the Listing Rules) of any of them.

By order of the Board INTRON TECHNOLOGY HOLDINGS LIMITED LUK WING MING Chairman and executive Director

Hong Kong, 21 January 2019

As at the date of this announcement, the executive Directors are Mr. Luk Wing Ming, Mr. Chan Cheung Ngai, Mr. Chan Ming and Mr. Ng Ming Chee; and the independent non-executive Directors are Mr. Jiang Yongwei, Mr. Yu Hong and Mr. Tsui Yung Kwok.

– 3 –