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OSL Group Limited Share Issue/Capital Change 2022

Jul 27, 2022

49522_rns_2022-07-27_c61e8f61-cf7c-4beb-baa3-1c9c5aa1c5fe.pdf

Share Issue/Capital Change

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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.

BC TECHNOLOGY GROUP LIMITED BC 科技集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 863)

SUPPLEMENTAL INFORMATION TO GRANT OF SHARE OPTIONS, GRANT OF AWARDED SHARES AND

PROPOSED ISSUE OF NEW SHARES UNDER GENERAL MANDATE PURSUANT TO THE SHARE AWARD PLAN

Reference is made to the announcement of the Company dated 22 July 2022 in relation to the grant of Share Options, the grant of Awarded Shares and the proposed issue of New Shares under general mandate pursuant to the Share Award Plan (the ‘‘Announcement’’). Unless the context otherwise requires, capitalized terms used herein shall have the same meaning as those defined in the Announcement.

The Company would like to provide the following supplemental information in relation to the grant of Share Options and the grant of Awarded Shares:

Cannavale Rebane, Guilherme has been assisting the Group in developing customer acquisition and retention strategy and building strong network with financial institutions for business development.

Randle, Jonathan James has been providing strategic planning advice to build the digital asset platform and operational support applications using robust architectural practices and leading-edge software solutions.

Fowler, Robert Paul has been assisting to create and implement digital solutions and design, test, maintain and improve software for the Group’s digital asset business.

Hiriart, Mark Francis Richard has been assisting the Group in developing customer acquisition and retention strategy and building strong network with industry associations for business development.

Wang, William Wei Hsun has been assisting in refining and executing investor relations strategy and framework for the Group.

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The Company believes that they will use their valuable experiences and specialised skillsets for the long-term business development of the Group’s digital asset business segment, and that the grant of the Share Options and the Awarded Shares to them will (i) motivate their expected future contribution to the success and development of the Group; (ii) optimize their performance efficiency for the benefit of the Group; and (iii) give incentives thereto to retain them for continual operation and development of the Group.

Moreover, the Company noted an inadvertent error on page 2 of the Announcement and would like to clarify that the term ‘‘Exercise price’’ should be read as below:

‘‘Exercise price:

HK$10, being at least the higher of (i) the nominal value of the Share of HK$0.01; (ii) the closing price of HK$3.67 per Share as stated in the daily quotations sheet of the Stock Exchange on 22 July 2022, being the Date of Grant; and (iii) the average closing price of approximately HK$3.722 per Share as stated in the daily quotations sheets of the Stock Exchange for the five business days immediately preceding the Date of Grant’’

This announcement is supplemental to and should be read in conjunction with the Announcement. The above supplemental information does not affect other information and contents set out in the Announcement. Save as disclosed herein, the contents of the Announcement remain unchanged and shall continue to be valid for all purposes.

By order of the Board BC Technology Group Limited Lo Ken Bon Executive Director

Hong Kong, 27 July 2022

As at the date of this announcement, the executive Directors are Mr. Lo Ken Bon, Mr. Ko Chun Shun, Johnson, Mr. Madden Hugh Douglas, Mr. Chapman David James and Mr. Tiu Ka Chun, Gary, 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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