Rego Interactive Co., Ltd — Share Issue/Capital Change 2021

Jan 21, 2021

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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(A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1065)

First Grant of Share Options under the A Share Option Incentive Scheme

This announcement is made by Tianjin Capital Environmental Protection Group Company Limited (the “ Company ”) pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

Reference is made to (i) the announcement of the Company dated 27 November 2020 in relation to the proposed adoption of A Share Option Incentive Scheme; (ii) the circular of the Company dated 8 December 2020 (the “ Circular ”) in relation to, among other things, the proposed adoption of A Share Option Incentive Scheme; and the Announcement on the Resolutions Passed at the 2020 Second Extraordinary General Meeting, the 2020 Second H Shareholders’ Class Meeting and the 2020 Second A Shareholders’ Class Meeting dated 23 December 2020. Unless otherwise indicated, capitalized terms used herein shall have the same meanings as those defined in the Circular.

I. FIRST GRANT OF SHARE OPTIONS UNDER THE A SHARE OPTION INCENTIVE SCHEME

The Board hereby announces that the grant conditions under the A Share Option Incentive Scheme have been met. On 21 January 2021, the Board (including the independent non-executive directors) has approved the grant of an aggregate of 12,170,000 Share Options to 155 Participants who have fulfilled the grant conditions pursuant to the authorization by the Shareholders at the EGM and the Class Meetings. Directors who are proposed to be the Participants (i.e. Mr. Liu Yujun, Ms. Wang Jing and Mr. Niu Bo) have abstained from voting when the Board reviewed and approved the first grant of Share Options. Details of the first grant of Share Options are set out as follows:

Date of Grant: 21 January 2021 Exercise Price: RMB6.98 per A Share Number of Share Options 12,170,000 Share Options granted under the A Share Option granted: Incentive Scheme Closing price of A Shares on RMB6.28 per A Share the Date of Grant: Validity Period: The Validity Period of the Share Options granted under the A Share Option Incentive Scheme commences from the date of grant to the date on which all Share Options granted are exercised or cancelled, which shall not exceed 60 months.

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II. PARTICIPANTS AND THE DISTRIBUTION OF SHARE OPTIONS

The distribution details of the Share Options of each Participant are set out as follows:

				Percentage
			Percentage	to the
		Number	to the total	Company’s
		of Share	number	total share
		Options	of Share	capital as
		granted	Options	at the Date
		(In 10,000	granted	of Grant
Name	Title	options)	(%)	(%)
Liu Yujun	Executive Director, Chairman	30.00	2.10	0.0210
Tang Fusheng	General Manager	30.00	2.10	0.0210
Wang Jing	Executive Director	25.00	1.75	0.0175
Zhao Yi	Deputy General Manager	25.00	1.75	0.0175
Zhang Jian	Deputy General Manager	25.00	1.75	0.0175
Li Yang	Deputy General Manager	25.00	1.75	0.0175
Li Jinhe	Deputy General Manager,	25.00	1.75	0.0175
	Chief Engineer
Peng Yilin	Chief Accountant	25.00	1.75	0.0175
Niu Bo	Executive Director,	18.00	1.26	0.0126
	Secretary to the Board
Other Participants (146 persons)		989.00	69.31	0.6931
Total		1,217.00	85.28	0.8528

By Order of the Board Liu Yujun Chairman

Tianjin, the PRC 21 January 2021

As at the date of the announcement, the Board comprises three executive Directors: Mr. Liu Yujun, Ms. Wang Jing and Mr. Niu Bo; two non-executive Directors: Mr. Gu Wenhui and Mr. Si Xiaolong; and three independent non-executive Directors: Mr. Di Xiaofeng, Mr. Guo Yongqing and Mr. Wang Xiangfei.

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