Vision Values Holdings Ltd. — Capital/Financing Update 2020

Mar 25, 2020

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.

VISION VALUES HOLDINGS LIMITED 遠見控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 862)

GRANT OF SHARE OPTIONS

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

The board of directors (the “ Board ”) of Vision Values Holdings Limited (the “ Company ”) announces that on 25 March 2020, the Company offered to grant share options (the “ Share Options ”) to eligible participants, subject to their respective acceptance, to subscribe for a total of 151,000,000 ordinary shares of HK$0.01 each in the capital of the Company (the “ Shares ”), under the share option scheme adopted by the Company on 23 November 2011. A summary of the grant is set out below:-

Date of grant: 25 March 2020

Number of Shares in respect of which 151,000,000 the Share Options were granted:

Closing price of the Shares of the Company on the date of grant: HK$0.265 per Share

Exercise price of Share Options: HK$0.274 per Share

Exercise period:

Five years commencing from 25 March 2020 to 24 March 2025 (both dates inclusive)

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Among the Share Options granted with the subscription right for 78,000,000 Shares were granted to the Directors of the Company and an associate of the Chairman, with details as follows:-

	Name	Number of Shares in respect of which the Share Options were granted
	Executive Director Mr. Lo Lin Shing, Simon (“Chairman”) Mr. Ho Hau Chong, Norman Ms. Yvette Ong Mr. Lo, Rex Cze Kei Mr. Lo, Chris Cze Wai Independent non-executive Director Mr. Tsui Hing Chuen, William_JP_ Mr. Lau Wai Piu Mr. Lee Kee Wai, Frank Associate Ms. Lo, Lois Yick Sze (a director of a subsidiary and daughter of the Chairman)	18,000,000 10,000,000 10,000,000 10,000,000 5,000,000 5,000,000 5,000,000 5,000,000 10,000,000

The grant of Share Options to each of the above Directors/associate was approved by the independent non-executive Directors pursuant to Rule17.04(1) of the Listing Rules.

Save as disclosed above, none of the grantees is a director, chief executive or substantial shareholder of the Company nor any of their respective associate (as defined in the Listing Rules).

By Order of the Board Vision Values Holdings Limited Tang Chi Kei Company Secretary

Hong Kong, 25 March 2020

As at the date of this announcement, the Board comprises eight Directors, including Mr. Lo Lin Shing, Simon, Mr. Ho Hau Chong, Norman, Ms. Yvette Ong, Mr. Lo, Rex Cze Kei and Mr. Lo, Chris Cze Wai as Executive Directors, Mr. Tsui Hing Chuen, William JP, Mr. Lau Wai Piu and Mr. Lee Kee Wai, Frank as Independent Non-executive Directors.

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