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Vobile Group Limited M&A Activity 2018

Nov 19, 2018

50879_rns_2018-11-19_6dd64fd6-1643-4f03-a229-25b189005814.pdf

M&A Activity

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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.

Vobile Group Limited 阜 博 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3738)

VOLUNTARY ANNOUNCEMENT

COMPLETION OF ACQUISITION OF ASSETS FROM IP-ECHELON

This announcement is made by Vobile Group Limited (the ‘‘Company’’) on a voluntary basis.

Reference is made to the announcement of the Company dated November 6, 2018 (the ‘‘Announcement’’) in relation to the acquisition of assets from IP-Echelon. Capitalized terms used herein shall have the same meaning as those defined in the Announcement.

The Board is pleased to announce that all conditions precedent under the Agreement have been fulfilled and the acquisition of assets from IP-Echelon pursuant to the Agreement was completed on November 19, 2018 in accordance with the Agreement.

By Order of the Board Vobile Group Limited Yangbin Bernard WANG

Chairman, Executive Director and Chief Executive Officer

Hong Kong, November 19, 2018

As at the date of this announcement, the Board comprises Mr. Yangbin Bernard WANG and Mr. Michael Paul WITTE as executive Directors; Mr. Vernon Edward ALTMAN, Mr. J David WARGO and Mr. WONG Wai Kwan as non-executive Directors; and Mr. CHAN King Man Kevin, Mr. James Alan CHIDDIX and Mr. Charles Eric EESLEY as independent nonexecutive Directors.