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PegBio Co., Ltd. Capital/Financing Update 2015

Dec 3, 2015

50676_rns_2015-12-03_29e37706-0b32-43d5-aa7e-3c9e50e7c9f1.pdf

Capital/Financing Update

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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.

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(Incorporated in Bermuda with limited liability)

(Stock Code: 1141)

ANNOUNCEMENT EXPIRY OF SUBSCRIPTION RIGHTS ATTACHING TO THE BONUS WARRANTS (warrant code: 1392)

The Bonus Warrants will expire after 4:00 p.m. (Hong Kong time) on Tuesday, 26 January 2016. Trading in the Bonus Warrants will cease after 4:00 p.m. on Thursday, 21 January 2016. Holders of the Bonus Warrants who wish to exercise the Bonus Warrants must lodge the relevant documents with the Registrar on or before 4:00 p.m. on Tuesday, 26 January 2016. Holders of the Bonus Warrants who are in doubt as to their position or the action to be taken should consult their licensed securities dealer, registered institution in securities, bank manager, solicitor, professional accountant or other professional adviser.

The board of directors (“ Board ”) of Skyway Securities Group Limited (“ Company ”) would like to remind holders of the existing outstanding warrants of the Company (warrant code: 1392) (“ Bonus Warrants ”) carrying rights to subscribe in cash for new shares of HK$0.01 each of the Company (each, a “ Share ”) at the initial subscription price of HK$0.10 per Share (subject to adjustment) during the period from 27 January 2015 to 26 January 2016 (both dates inclusive) that in accordance with the terms and conditions of the instrument constituting the Bonus Warrants dated 8 January 2015, the subscription rights attaching to the Bonus Warrants will expire after 4:00 p.m. (Hong Kong time) on Tuesday, 26 January 2016 . Any subscription rights attaching to the Bonus Warrants which have not been exercised by such time will lapse and the warrant certificates will cease to be valid for any purpose.

  • For identification purpose only

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In respect of the expiry of the Bonus Warrants, the Company has made the following arrangements regarding dealings, transfers and exercise of the subscription rights attaching to the Bonus Warrants:

1. TRAdING ANd lISTING

The last trading day of the Bonus Warrants on The Stock Exchange of Hong Kong Limited (“ Stock Exchange ”) will be Thursday, 21 January 2016 and trading of the Bonus Warrants on the Stock Exchange will cease after 4:00 p.m. on Thursday, 21 January 2016 . The listing of the Bonus Warrants will be withdrawn from the Stock Exchange after 4:00 p.m. on Tuesday, 26 January 2016 .

Application has been made to the Stock Exchange for the withdrawal of the listing of the Bonus Warrants with effect from 4:00 p.m. on Tuesday, 26 January 2016 .

2. EXERCISE OF SUBSCRIPTION RIGHTS

Registered holders of the Bonus Warrants who wish to exercise the subscription rights attaching to the Bonus Warrants (“ Subscription ”) must lodge with the Company’s branch share registrar in Hong Kong, Tricor Tengis Limited (“ Registrar ”) at Level 22, Hopewell Centre, 183 Queen’s Road East, Hong Kong by no later than 4:00 p.m. on Tuesday, 26 January 2016 :

  • (a) the relevant certificate(s) for the Bonus Warrants;

  • (b) the duly completed and signed subscription form(s); and

  • (c) remittances for the relevant subscription moneys.

Holders of the Bonus Warrants who have not registered the Bonus Warrants in their names and wish to effect the Subscription must lodge with the Registrar at the above-mentioned address the following documents by no later than 4:00 p.m. on Tuesday, 26 January 2016 :

  • (a) the relevant certificate(s) for the Bonus Warrants;

  • (b) the relevant duly executed and stamped instrument(s) of transfer and/or other document(s) of title;

  • (c) the duly completed and signed subscription form(s); and

  • (d) remittances for the relevant subscription moneys.

Subscription forms and all other relevant documents in relation to the Bonus Warrants received by the Registrar after 4:00 p.m. on Tuesday, 26 January 2016 will not be regarded as valid and will not be accepted. Under the terms of the Bonus Warrants, new Shares will be

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allotted and issued not later than 28 days after the date of exercise of the subscription rights (“ Subscription date ”) attaching to the Bonus Warrants. Shares to be issued pursuant to the exercise of the subscription rights attaching to the Bonus Warrants will, when issued, rank pari passu in all respects with the fully paid Shares in issue on the relevant Subscription Date.

The closing prices of the Shares and the Bonus Warrants as quoted on the Stock Exchange as at the date of this announcement were HK$0.15 per Share and HK$0.05 per unit of Bonus Warrant respectively.

A circular in relation to the above matter will be despatched to the holders of the Bonus Warrants and, for information only, to the shareholders of the Company as soon as possible.

Holders of the Bonus Warrants who are in doubt as to their position or the action to be taken should consult their licensed securities dealer, registered institution in securities, bank manager, solicitor, professional accountant or other professional adviser.

By order of the Board Skyway Securities Group limited Suen Yick lun Philip Acting Chairman and Managing Director

Hong Kong, 3 December, 2015

As at the date of this announcement, the Board comprises the following Directors:

Executive Directors: Independent Non-executive Directors: Mr. Suen Yick Lun Philip Mr. Siu Siu Ling Robert (Acting Chairman and Managing Director) Mr. Chan Kwan Pak Mr. Tam Tak Wah Mr. Siu Gee Tai

Mr. Suen Yick Lun Philip (Acting Chairman and Managing Director) Mr. Tam Tak Wah Mr. Ng Kwok Leung

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