Samsonite Group S.A. — Share Issue/Capital Change 2000

Feb 9, 2000

Listed Company Information

OCEAN SHORES GROUP LIMITED<0764> - Announcement OCEAN SHORES GROUP LIMITED NEW ISSUE AND OFFER FOR SALE Number of Offer Shares: 60,000,000 Offer Price: HK$1.33 per Offer Share Nominal Value: HK$0.10 each Stock Code: 764 Sponsors and Managers Somerley Limited AMS Corporate Finance Limited Co-Manager Kingston Securities Limited Underwriters Somerley Limited Kingston Securities Limited First Sign Securities Limited Genesis Global Strategies Limited Peace Town Securities Limited Koffman Securities Limited HT Securities Limited Unless otherwise defined herein, terms used in this announcement have the same meanings as those defined in the prospectus dated 27th January, 2000 (the "Prospectus") of Ocean Shores Group Limited (the "Company"). SUMMARY * A total of 282 valid applications had been received pursuant to the Share Offer on WHITE and YELLOW application forms for a total number of 76,598,000 Offer Shares, equivalent to approximately 1.42 times the total number of 54,000,000 Offer Shares available for application on WHITE and YELLOW application forms. * A total of 27 valid applications had been received pursuant to the Share Offer on PINK application forms for a total number of 6,000,000 Offer Shares, equivalent to the total number of 6,000,000 Offer Shares available for applications on PINK application forms. * Share certificates and refund cheques (if any), which are not collected in person, will be depatched by ordinary post to those entitled thereto and at their own risk on Thursday, 10th February, 2000. * Share certificates for the Offer Shares allocated to applicants using YELLOW application forms are expected to be deposited into CCASS for credit to the applicants' designated CCASS participants' stock accounts at the close of business on Thursday, 10th February, 2000 or, under contingent situation, on any other date as Hongkong Clearing or HKSCC Nominees Limited chooses. * Dealings in the Shares on the Stock Exchange are expected to commence at 10:00 a.m. on Tuesday, 15th February, 2000 APPLICATIONS FOR OFFER SHARES RECEIVED The Directors are pleased to announce that, as at the close of the application lists at 12:00 noon on Tuesday, 1st February, 2000, a total of 282 valid applications had been received pursuant to the Share Offer on WHITE and YELLOW application forms for a total number of 76,598,000 Offer Shares, equivalent to approximately 1.42 times the total number of 54,000,000 Offer Shares available for application on WHITE and YELLOW application forms (which does not include the 6,000,000 Offer Shares allocated to full-time employees of the Group on a preferential basis on PINK application forms). Of the applications received on WHITE and YELLOW application forms, a total of 275 valid applications in respect of a total number of 29,798,000 Offer Shares were for Offer Shares in the value (excluding the brokerage and the Stock Exchange transaction levy payable thereon) of HK$5 million or less (equivalent to approximately 1.10 times the total number of 27,000,000 Offer Shares available for allocation in pool A), and a total of 7 valid applications in respect of a total number of 46,800,000 Offer Shares were for Offer Shares in the value (excluding the brokerage and the Stock Exchange transaction levy payable thereon) of more than HK$5 million and up to the total value of pool B (equivalent to approximately 1.73 times the total number of 27,000,000 Offer Shares available for allocation in pool B). No multiple application or suspected multiple application had been identified. The Directors are also pleased to announce that a total of 27 valid applications for a total number of 6,000,000 Offer Shares, equivalent to the total number of 6,000,000 Offer Shares available for preferential allotment to full-time employees of the Group (other than an existing beneficial shareholder of the Company, the chief executive or a director of the Company or any of its subsidiaries or any of their respective associates (as defined in the Listing Rules)) on PINK application forms had been received. BASIS OF ALLOCATION OF OFFER SHARES Subject to satisfaction of the conditions set out in the paragraph headed "Conditions of the Share Offer" in the section headed "Structure of the Share Offer" in the Prospectus, the 54,000,000 Offer Shares available for application on WHITE and YELLOW application forms will be allocated as follows: Number of Number of Total number of Approximate Offer Shares valid Basis Offer Shares allocated percentage of applied for applications of allocation to this category allocation Pool A: 2,000 112 2,000 224,000 100.0000 4,000 24 4,000 96,000 100.0000 6,000 9 6,000 54,000 100.0000 8,000 4 8,000 32,000 100.0000 10,000 16 10,000 160,000 100.0000 12,000 4 12,000 48,000 100.0000 14,000 4 14,000 56,000 100.0000 16,000 4 16,000 64,000 100.0000 18,000 3 18,000 54,000 100.0000 20,000 17 20,000 340,000 100.0000 30,000 7 30,000 210,000 100.0000 40,000 8 40,000 320,000 100.0000 50,000 9 50,000 450,000 100.0000 60,000 2 60,000 120,000 100.0000 70,000 2 70,000 140,000 100.0000 80,000 1 76,000 76,000 95.0000 100,000 13 92,000 1,196,000 92.0000 150,000 4 136,000 544,000 90.6667 200,000 4 180,000 720,000 90.0000 250,000 1 226,000 226,000 90.4000 300,000 4 270,000 1,080,000 90.0000 400,000 2 360,000 720,000 90.0000 500,000 2 450,000 900,000 90.0000 600,000 1 540,000 540,000 90.0000 700,000 1 630,000 630,000 90.0000 800,000 5 720,000 3,600,000 90.0000 1,000,000 9 900,000 8,100,000 90.0000 1,600,000 1 1,430,000 1,430,000 89.3750 2,000,000 1 1,780,000 1,780,000 89.0000 3,500,000 1 3,090,000 3,090,000 88.2857 275 27,000,000 Pool B: 4,000,000 1 2,308,000 2,308,000 57.7000 5,000,000 2 2,886,000 5,772,000 57.7200 5,200,000 1 3,000,000 3,000,000 57.6923 5,300,000 1 3,058,000 3,058,000 57.6981 7,400,000 1 4,268,000 4,268,000 57.6757 14,900,000 1 8,594,000 8,594,000 57.6779 7 27,000,000 RESULTS OF APPLICATIONS BY INVESTOR PARTICIPANTS OF CCASS There was no applicant applying as an investor participant of CCASS on YELLOW application forms. COLLECTION/POSTING OF SHARE CERTIFICATES AND REFUND CHEQUES Share certificates in respect of wholly or partially successful applications on WHITE application forms are expected to be despatched by ordinary post to those entitled thereto and at their own risk on Thursday, 10th February, 2000. Refund cheques in respect of partially unsuccessful applications on WHITE and YELLOW application forms are expected to be despatched by ordinary post to applicants and at their own risk on or before Thursday, 10th February, 2000. WHITE application form applicants who have applied for 500,000 Offer Shares or more and have indicated on their application forms that they will collect their share certificates and refund cheques (if any) personally may collect them in person from the Company's Hong Kong branch share registrar, Standard Registrars Limited between 9:00 a.m. and 1:00 p.m. on Thursday, 10th February, 2000. YELLOW application form applicants who have applied for 500,000 Offer Shares or more and have indicated on their application forms that they will collect their refund cheques personally may collect them in person from the Company's Hong Kong branch share registrar, Standard Registrars Limited between 9:00 a.m. and 1:00 p.m. on Thursday, 10th February, 2000. The office of Standard Registrars Limited is located at 5th Floor, Wing On Centre, 111 Connaught Road Central, Hong Kong. Identification and authorisation documents (where appropriate) acceptable to Standard Registrars Limited must be produced at the time of collection. Uncollected share certificate(s) and/or refund cheque (if any) will be sent to the address shown on the relevant applicant's application form shortly after the date of despatch of share certificates mentioned above, by ordinary post and at that relevant applicant's own risk. DEPOSIT OF SHARE CERTIFICATES TO CCASS For those wholly or partially successful applicants applying through designated CCASS participants (other than investor participants) on YELLOW application forms who are allocated Offer Shares in the name of HKSCC Nominees Limited, the Hong Kong branch share registrar of the Company will advise their designated CCASS participants the acceptance of application and the number of Offer Shares allocated. Share certificates in respect of the allocated Offer Shares, subject to any adjustments, will be deposited into CCASS for the credit of their designated CCASS participants' stock accounts maintained in CCASS at the close of business on Thursday, 10th February, 2000 or, under contingent situation, on any other date Hongkong Clearing or HKSCC Nominees Limited chooses. The statements of stock accounts retrieved from CCASS will show the number of the Offer Shares allocated to the CCASS participants. Applicants can arrange with their designated CCASS participants to advise them the number of Offer Shares allocated to them in respect of their applications. COMMENCEMENT OF DEALINGS Dealings in the Shares on the Stock Exchange are expected to commence at 10:00 a.m. on Tuesday, 15th February, 2000. By Order of the Board Ocean Shores Group Limited Hung Leung Tak, Jackson Chairman Hong Kong, 8th February, 2000