OSL Group Limited — Share Issue/Capital Change 2019

Feb 18, 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.

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BRANDING CHINA GROUP LIMITED 品 牌 中 國 集 團 有 限 公 司

(incorporated in the Cayman Islands with limited liability) (Stock Code: 863)

CHANGE IN BOARD LOT SIZE

The Board announces that the board lot size for trading in the Shares on the main board of the Stock Exchange will be changed from 2,000 Shares each to 500 shares each with effect from 9:00 a.m. on Monday, 11 March 2019. The expected timetable for such change in board lot size is set out below.

Shareholders may submit their existing share certificate(s) in board lots of 2,000 Shares each to the Company’s branch share registrar in exchange for new share certificates in board lots of 500 Shares each free of charge during the period from 9:00 a.m., Monday, 25 February 2019 to 4:30 p.m., Tuesday, 2 April 2019 (both days inclusive).

CHANGE IN BOARD LOT SIZE

The board of directors (‘‘Board’’) of Branding China Group Limited announces that the board lot size of the Shares on The Stock Exchange of Hong Kong Limited (‘‘Stock Exchange’’) will be changed from 2,000 Shares each to 500 Shares each with effect from 9:00 a.m. on Monday, 11 March 2019. The free exchange of share certificates will commence on Monday, 25 February 2019, being 10 business days before the effective date. Please see below for further details on free exchange of share certificates.

The Shares are currently traded in board lots of 2,000 Shares and the market value per board lot of the Shares was HK$14,900 based on the closing price of HK$7.45 per Share as quoted on the Stock Exchange on the date of this announcement. Upon the change in board lot size becoming effective, the Shares will be traded in board lots of 500 Shares and the estimated market value per board lot of the Shares will be HK$3,725 based on the closing price of HK$7.45 per Share as quoted on the Stock Exchange on the date of this announcement. The Board believes that the change can facilitate the Company in attracting more investors and hence improve the liquidity of the Shares.

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The adoption of the new board lot size will not result in any change in the relative rights of the shareholders of the Company (‘‘Shareholders’’). Since the existing board lot size of Shares is an integral multiple of the proposed new board lot size, no Shareholder who currently does not hold an odd lot of Shares will hold an odd lot of Shares as a result of the adoption of the new board lot size.

EXPECTED TIMETABLE

The expected timetable for the change in board lot size is set out below:

First day for free exchange of existing share certificates in board lots of 2,000 Shares each for new share certificates in board lots of 500 Shares each . . . . . . . . . . . . . . . . . . . Monday, 25 February 2019 Last day for trading of the Shares in board lots of 2,000 Shares each in the original counter . . . . . . . . . . . . . . . . . . . . . . . . . . . . Friday, 8 March 2019 Effective date of the change in board lot size from 2,000 Shares to 500 Shares each . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Monday, 11 March 2019 Original counter for trading of the Shares in board lots of 2,000 Shares each becomes counter for trading in the Shares in board lots of 500 Shares each . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m. on Monday, 11 March 2019 Temporary counter for trading of the Shares in board lots of 2,000 Shares each opens. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m. on Monday, 11 March 2019 First day of parallel trading of the Shares (in board lots of 2,000 Shares each and board lots of 500 Shares each) . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m. on Monday, 11 March 2019 Temporary counter for trading of the Shares in board lots of 2,000 Shares each closes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Friday, 29 March 2019 Last day of parallel trading of the Shares (in board lots of 2,000 Shares each and board lots of 500 Shares each) . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Friday, 29 March 2019 Last day for free exchange of existing share certificates in board lots of 2,000 Shares each for new share certificates in board lots of 500 Shares each . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:30 p.m. on Tuesday, 2 April 2019

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FREE EXCHANGE OF SHARE CERTIFICATES

Shareholders may submit their existing share certificate(s) in board lots of 2,000 Shares each to the Company’s branch share registrar, Tricor Investor Services Limited, at Level 22, Hopewell Centre, 183 Queen’s Road East, Hong Kong, in exchange for new share certificates in board lots of 500 Shares each free of charge during the period from 9:00 a.m., Monday, 25 February 2019 to 4:30 p.m., Tuesday, 2 April 2019 (both days inclusive). The exchange of share certificates after such period ends will be accepted only on payment of a fee of HK$2.50 (or such higher amount as may from time to time be specified by the Stock Exchange) for each new share certificate in board lots of 500 Shares each issued or each existing share certificate submitted, whichever number of share certificates involved is higher. It is expected that the new share certificates will be available for collection from the Company’s branch share registrar by Shareholders within 10 business days after delivery of the existing share certificates to the Company’s branch share registrar for exchange purpose.

With effect from Monday, 11 March 2019, all new share certificates issued will represent Shares trading in board lots of 500 Shares each. All existing share certificates issued representing Shares trading in board lots of 2,000 Shares will become share certificates representing Shares trading in board lots of 500 Shares and will continue to be good evidence of legal title to such Shares and be valid for delivery, trading and settlement purposes. The new share certificates will have the same format and colour as the existing share certificates.

By order of the Board Branding China Group Limited Lo Ken Bon Executive Director

Hong Kong, 18 February 2019

As at the date of this announcement, the executive Directors are Mr. Lo Ken Bon, Mr. Ko Chun Shun, Johnson, Mr. Fang Bin, Mr. Madden Hugh Douglas and Mr. Chapman David James, and the independent non-executive Directors are Mr. Chau Shing Yim, David, Mr. Chia Kee Loong, Lawrence and Mr. Tai Benedict.

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