Summi (Group) Holdings Limited — M&A Activity 2016

Jan 7, 2016

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.

This announcement appears for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

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COMPLETION OF VERY SUBSTANTIAL ACQUISITION AND CONNECTED TRANSACTION

Reference is made to the circular of PME Group Limited (the “ Company ”) dated 30 October 2015 (the “ Circular ”) in relation to the Acquisition, the Capital Injection and the transactions contemplated thereunder. Unless otherwise defined, capitalised terms used herein shall have the same meanings as defined in the Circular.

The Board is pleased to announce that all applicable conditions precedent of the Acquisition Agreement and Capital Injection Agreement have been satisfied and that the Acquisition Completion and Capital Injection Completion took place on 7 January 2016.

Upon Acquisition Completion and Capital Injection Completion, the Target Group becomes subsidiaries of the Company and will be accounted for in the consolidated financial statements of the Group.

By Order of the Board PME Group Limited Lai Ka Fai Executive Director

Hong Kong, 7 January 2016

As at the date of this announcement, the Board comprises (1) Mr. Wong Lik Ping, Mr. Lai Ka Fai, Mr. Feng Gang and Mr. Tao Ke as executive directors; (2) Mr. Cheng Kwok Woo and Ms. Yeung Sau Han Agnes as non-executive directors; and (3) Mr. Goh Choo Hwee, Mr. Ho Hin Yip and Mr. U Keng Tin as independent non-executive directors.

• For identification purpose only