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

Jan 27, 2000

Listed Company Information

OCEAN SHORES GROUP LIMITED<0764> - Announcement Ocean Shores Group Limited (Incorporated in Bermuda with limited liability) 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 Application has been made to the Listing Committee of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") for listing of, and permission to deal in the shares ("Shares") of HK$0.10 each in the capital of Ocean Shores Group Limited (the "Company") in issue and to be issued and any Shares which may be issued pursuant to the exercise of options which may be granted under the Share Option Scheme as described in the prospectus of the Company dated 27th January, 2000 (the "Prospectus"). Dealings in the Shares on the Stock Exchange are expected to commence on Tuesday, 15th February, 2000. Subject to the granting of listing of, and permission to deal in the Shares on the Stock Exchange as well as the compliance with the stock admission requirements of Hong Kong Securities Clearing Company Limited ("Hongkong Clearing"), the Shares will be accepted as eligible securities by Hongkong Clearing for deposit, clearance and settlement in the Central Clearing and Settlement System ("CCASS") with effect from the commencement date of dealings in the Shares on the Stock Exchange or such other date as determined by Hongkong Clearing. All activities under CCASS are subject to the General Rules of CCASS and CCASS Operational Procedures in effect from time to time. Terms defined in the Prospectus shall, unless the context otherwise requires, have the same meanings when used herein. Applications for the Offer Shares will only be considered on the basis set out in the Prospectus and the related application forms. Applicants who would like to be allocated the Offer Shares in their names should complete and sign the WHITE application forms. Applicants who would like to have the allocated Offer Shares in the name of HKSCC Nominees Limited and deposited directly into CCASS for credit to their designated CCASS participants' stock accounts or their investor participant stock accounts maintained in CCASS should complete and sign the YELLOW application forms, copies of which, together with the Prospectus, may be obtained during normal business hours from 9:00 a.m. on Thursday, 27th January, 2000 until 12:00 noon on Tuesday, 1st February, 2000 at the service counter of Hongkong Clearing at 2nd Floor, Vicwood Plaza, 199 Des Voeux Road Central, Hong Kong or the Investor Service Centre of Hongkong Clearing at Room 1901, Chinachem Exchange Square, 1 Hoi Wan Street, Quarry Bay, Hong Kong. Copies of the Prospectus, together with copies of the WHITE application forms, may be obtained during normal business hours from 9:00 a.m. on Thursday, 27th January, 2000 until 12:00 noon on Tuesday, 1st February, 2000 at the following places: 1. Any member of The Stock Exchange of Hong Kong Limited; 2. Somerley Limited, Suite 3108, One Exchange Square, 8 Connaught Place, Central, Hong Kong; 3. AMS Corporate Finance Limited, 12th Floor, Bank of East Asia Building, 10 Des Voeux Road Central, Hong Kong; 4. Kingston Securities Limited, 9-10th Floor, Wings Building, 110-116 Queen's Road Central, Hong Kong; 5. First Sign Securities Limited, 8th Floor, CNT House, 118-120 Johnston Road, Wanchai, Hong Kong; 6. Genesis Global Strategies Limited, 3708-9, Edinburgh Tower, The Landmark, 15 Queen's Road Central, Hong Kong; 7. Peace Town Securities Limited, Unit B, 5th Floor, Wing On House, 71 Des Voeux Road Central, Hong Kong; 8. Koffman Securities Limited, 3rd Floor, Crocodile House One, 50 Connaught Road Central, Hong Kong; 9. HT Securities Limited, 45th Floor, COSCO Tower, 183 Queen's Road Central, Hong Kong; or or any one of the following branches or sub-branches of Standard Chartered Bank: Hong Kong Island: Des Voeux Road Branch Standard Chartered Bank Building, 4-4A Des Voeux Road Central The Landmark Branch The Landmark, 15 Queen's Road Central Exchange Square Branch Shop 101, One Exchange Square, 8 Connaught Place, Central CIG Building Branch Shop B, Ground Floor, CIG Building, 141 Des Voeux Road Central Taikoo Place Branch Ground Floor, 969 King's Road, Quarry Bay Causeway Bay Branch 1 Sugar Street, Causeway Bay Kowloon: Mongkok Bank Centre Branch Bank Centre, 630-636 Nathan Road, Mongkok Cheung Sha Wan Branch 828 Cheung Sha Wan Road, Cheung Sha Wan Kwun Tong Branch 88-90 Fu Yan Street, Kwun Tong Tsimshatsui Branch 10 Granville Road, Tsimshatsui New Territories: Tsuen Wan Branch Basement First Floor, Emperor Plaza, 263 Sha Tsui Road, Tsuen Wan Both WHITE and YELLOW application forms, completed in all respects (to which cheques or banker's cashier orders should only be securely stapled) should be deposited in the special collection boxes provided at any one of the branches or sub-branches of Standard Chartered Bank referred to above on the following dates during the following times: Thursday, 27th January, 2000 9:00 a.m. to 4:00 p.m. Friday, 28th January, 2000 9:00 a.m. to 4:00 p.m. Saturday, 29th January, 2000 9:00 a.m. to 12:00 noon Monday, 31st January, 2000 9:00 a.m. to 4:00 p.m. Tuesday, 1st February, 2000 9:00 a.m. to 12:00 noon Copies of the Prospectus, together with the PINK application forms, have been made available to the full-time employees in Hong Kong of the Company or its subsidiaries, The PINK application forms, completed in accordance with the instructions printed thereon and accompanied by the appropriate remittance cheques or banker's cashier orders, must be returned to the Company at Units 5-18, 15th Floor, Leader Industrial Centre, 57-59 Au Pui Wan Street, Fo Tan, Shatin, New Territories, Hong Kong by no later than 4:00 p.m. on Monday, 31st January, 2000. No receipt will be issued for application monies paid. There will initially be a total of 60,000,000 Offer Shares to be offered for subscription/purchase under the Share Offer which comprise 37,500,000 New Shares and 22,500,000 Sale Shares. There will be not less than 54,000,000 Offer Shares initially available for application by the public under the Share Offer assuming that all the Offer Shares available for preferential applications by full-time employees of the Group are validly applied for. For allocation purposes only, the number of Offer Shares available under the Share Offer (after deducting the number of Offer Shares which are validly applied for on PINK application forms) will be divided equally into two pools: pool A and pool B. Offer Shares in pool A will be allocated on an equitable basis only to applicants who have validly applied for Offer Shares in a value (excluding the brokerage and the Stock Exchange transaction levy payable thereon) of HK$5 million or less. Offer Shares in pool B will be allocated on an equitable basis only to applicants who have validly applied for Offer Shares in a 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 that pool. Applications made by an applicant for more than 50 per cent. of the Offer Shares initially available for application by the public, applications where cheques are dishonoured on first presentation and multiple applications within either pool or between pools are liable to be rejected. Applicants should be aware that applications allocated in the same pool, as well as applications allocated under different pools, are likely to receive different allocation ratios. If one of the pools is not fully allocated, the Offer Shares which are not so allocated will be transferred to the other pool to satisfy demand and shall be allocated accordingly. Applicants can only receive allocation from either pool A or pool B but not from both pools and can only make applications in either pool A or pool B. Any application for more than 100 per cent. of the Offer Shares being offered under PINK application forms, being 6,000,000 Offer Shares, will be rejected. If you have applied for 500,000 Offer Shares or more on a WHITE or YELLOW application form and have indicated on your application form that you wish to collect your refund cheque and, where applicable, share certificate(s) personally, you may collect them in person form Standard Registrars Limited at 5th Floor, Wing On Centre, 111 Connaught Road Central, Hong Kong between 9:00 a.m. and 1:00 p.m. on the date notified by the Company in the newspaper as the date of despatch of share certificate(s) and refund cheque. The date of despatch is expected to be on Thursday, 10th February, 2000. You must produce evidence of identification documents and authorisation satisfactory to the Company to collect your share certificate(s) and/or refund cheque. If you do not collect your share certificate(s) and/or refund cheque at the time indicated above, they will be sent to the address on your application form by ordinary post and at your own risk. If you have not indicated on your application form that you wish to collect your share certificate(s) and/or refund cheque, then your share certificate and/or refund cheque will be sent to the address on your application form by ordinary post and at your own risk. If you have applied for the Offer Shares on a YELLOW application form and your application is wholly or partially successful, your share certificate(s) will be issued in the name of HKSCC Nominees Limited and deposited into CCASS for credit to your investor participant stock account or your designated CCASS participant's stock account as instructed by you at the close of business on Thursday, 10th February, 2000 or, under contingent situation, on any other date as shall be determined by Hongkong Clearing or HKSCC Nominees Limited. You should check the number of Offer Shares allocated to you with your designated CCASS participant if you are applying through a designated CCASS participant, or via the CCASS Phone System, if you are applying as an investor participant. For investor participants, Hongkong Clearing will also mail to you an Activity Statement showing the number of Offer Shares credited to your stock account. The Company will not issue temporary documents of title. Subject to the terms and conditions set out in the Prospectus and the related application forms, applications must be received not later than 12:00 noon on Tuesday, 1st February, 2000 (or such later date as may apply in the case of a "black" rainstorm warning signal or a tropical cyclone warning signal No.8 or above in force in Hong Kong as described in the section headed "How to apply for the Offer Shares" set out in the Prospectus). Results of the applications and the basis of allocation are scheduled to be published in the South China Morning Post (in English) and the Hong Kong Economic Times (in Chinese) on or before Wednesday, 9th February, 2000. Hong Kong, 27th January, 2000