Wang On Group Limited — Capital/Financing Update 2015

Jun 26, 2015

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.

WANG ON GROUP LIMITED （宏安集團有限公司）[*]

(Incorporated in Bermuda with limited liability)

(Stock Code: 1222)

INSIDE INFORMATION — PLACING BY THE CONTROLLING SHAREHOLDER

This announcement is made by Wang On Group Limited (the “ Company ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

The Company was informed by Mr. Tang Ching Ho (“ Mr. Tang ”) (an executive director and the controlling shareholder (as defined in the Listing Rules) of the Company) that on 26 June 2015 (after trading hours), Mr. Tang, through a company wholly owned by him, namely Caister Limited (“ Caister ”), entered into a share placing agreement pursuant to which the placing agent (the “ Placing Agent ”) has agreed to procure share placee(s) by way of a private placing, on a best efforts basis, for up to a maximum of 690 million shares of the Company held by Caister (the “ Placing Shares ”) at the price of HK$0.54 per Placing Share (the “ Placing ”).

To the best of the Director’s knowledge, information and belief, after having made all reasonable enquiries, the Placing Agent is a third party independent of the Company and its connected persons (as defined in the Listing Rules).

After completion of the Placing, assuming the Placing Shares will be entirely placed out and there is no other change in the share capital of the Company, the number of shares of the Company deemed to be interested by Mr. Tang will drop from 4,018,118,924 shares to 3,328,118,924 shares, representing a change from approximately 61.6% to approximately 51.0% of the total issued share capital of the Company. Mr. Tang will remain as the controlling shareholder (as defined in the Listing Rules) of the Company.

• For identification purpose only

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The Company does not expect that the Placing will have any significant impact on the business operations and composition of the management of the Company.

As the Placing may or may not materialise, shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares.

By Order of the Board WANG ON GROUP LIMITED （宏安集團有限公司）[*] Chan Chun Hong, Thomas Managing Director

Hong Kong, 26 June 2015

As at the date of this announcement, the executive directors of the Company are Mr. Tang Ching Ho, Ms. Yau Yuk Yin and Mr. Chan Chun Hong, Thomas, and the independent non-executive directors of the Company are Dr. Lee Peng Fei, Allen, Mr. Wong Chun, Justein, Mr. Siu Yim Kwan, Sidney and Mr. Siu Kam Chau.

• For identification purpose only

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