Universal Technologies Holdings Limited — Director's Dealing 2013

Nov 25, 2013

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 the 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 is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.

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UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED （環球實業科技控股有限公司）

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1026)

GRANT OF OPTIONS UNDER THE SHARE OPTION SCHEME

The board of Directors had resolved to grant Share Options to the Grantees to subscribe for a total of 120,000,000 Shares, subject to acceptance of the Grantees, under the Share Option Scheme.

GRANT OF OPTIONS UNDER THE SHARE OPTION SCHEME

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities (the “ Listing Rules ”) on The Stock Exchange of Hong Kong Limited (the Stock Exchange ”).

The board of directors (the “ Directors ” or the “ Board ”) of Universal Technologies Holdings Limited (the “ Company ”) is pleased to announce that the Board had resolved to grant share options (the “ Share Options ”) under the share option scheme adopted by the Company on 12 August 2010 to certain eligible persons (including the Directors) (collectively, the “ Grantees ”) to subscribe, in aggregate, for 120,000,000 ordinary shares (each a “ Share ”) of HK$0.01 each in the share capital of the Company, subject to acceptance of the Grantees. Payment of HK$1.00 will be made by each of the Grantees upon acceptance of the Share Options.

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Details of the Share Options are set out below:

• Date of grant : 25 November 2013 after trading hours (the “ Date of Grant ”)

• Exercise price of the : HK$0.461 per Share, being the highest of (i) the Share Options closing price of HK$0.46 per Share as quoted in the Stock Exchange’s daily quotation sheet on the Date of Grant; (ii) the average of the closing price as quoted in the Stock Exchange’s daily quotation sheets for the five business days immediately preceding the Date of Grant, of HK$0.461 per Share; and (iii) the nominal value of HK$0.01 per Share

• Number of Share Options : an aggregate of 120,000,000 Share Options, each granted Share Option entitling the holder of the Share Options to subscribe for one Share at the exercise price

• Validity period of the : Exercisable during the period from 25 November Share Options 2013 to 11 August 2020 (both dates inclusive)

All the 120,000,000 Share Options were granted to the Directors and chief executive of the Company, details of which are set out below:

Name of Grantees	Position held with	Share Options
	the Company	granted
Chen Jinyang	Executive Director	20,000,000
Chen Runqiang	Executive Director	20,000,000
Chau Cheuk Wah	Executive Director	20,000,000
Chow Cheuk Lap	Executive Director	20,000,000
Zhou Jianhui	Executive Director	20,000,000
Fan Man Yee Alice	Non-executive Director	20,000,000

In accordance with rule 17.04(1) of the Listing Rules, the grant of Share Options to each of the above Directors of the Company has been approved by the independent nonexecutive Directors.

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To the best of the Directors’ information, knowledge and belief after making all reasonable enquiries, none of the Grantees is a substantial shareholder of the Company or its respective associates (as defined under the Listing Rules).

On behalf of the Board UNIVERSAL TECHNOLOGIES HOLDINGS LIMITED Mr. Chen Jinyang Chairman

Hong Kong, 25 November 2013

As at the date of this announcement, the Executive Directors are Mr. Chen Jinyang (Chairman), Mr. Chau Cheuk Wah (Chief Executive Officer), Mr. Chen Runqiang, Mr. Chow Cheuk Lap and Mr. Zhou Jianhui, the Non-executive Director is Ms. Fan Man Yee Alice, and the Independent Non-executive Directors are Mr. Chao Pao Shu Georg, Dr. Cheung Wai Bun, Charles, J.P., Mr. David Tsoi and Mr. Chan Chun Kau.

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