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Differ : VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING IN THE COMPANY BY CONTROLLING SHAREHOLDER AND SUBSTANTIAL SHAREHOLDER

Differ : VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING IN THE COMPANY BY CONTROLLING SHAREHOLDER AND SUBSTANTIAL

articleDiffer Group Auto LimitedApril 28, 20215/news/differ-voluntary-announcement-increase-in-shareholding-in-the-company-by-controlling-shareholder-and-substantial-shareholder
Differ : VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING IN THE COMPANY BY CONTROLLING SHAREHOLDER AND SUBSTANTIAL SHAREHOLDER

About this update from Differ Group Auto Limited

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. DIFFER GROUP HOLDING COMPANY LIMITED 鼎 豐 集 團 控 股 有 限 公 司 (incorporated in the Cayman Islands with limited liability) (Stock Code: 6878) VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING IN THE COMPANY BY CONTROLLING SHAREHOLDER AND SUBSTANTIAL SHAREHOLDER This announcement is made by Differ Group Holding Company Limited (the "Company") on a voluntary basis. INCREASE IN SHAREHOLDING IN THE COMPANY BY CONTROLLING SHAREHOLDER AND SUBSTANTIAL SHAREHOLDER The board (the "Board") of directors (the "Directors") was informed by Expert Corporate Limited ("Expert"), a controlling shareholder of the Company, that on 28 April 2021, Expert purchased 16,100,000 shares of the Company (the "Shares") via the trading system of the Stock Exchange of Hong Kong Limited ("Expert's Acquisition"). Expert is wholly and beneficial owned by Mr. Hong Mingxian ("Mr. Hong"), the chairman and executive director of the Company. The Board was also informed by Ever Ultimate Limited ("Ever"), a substantial shareholder of the Company, that on 28 April 2021, Ever also purchased 5,400,000 Shares on the market. ("Ever's Acquisition", together with the Expert's Acquisition, the "Acquisitions"). Ever is wholly and beneficial owned by Mr. Ng Chi Chung ("Mr. Ng"), the chief executive officer and executive director of the Company. Immediately following the Expert's Acquisition, Expert is interested in 3,017,300,000 Shares, representing approximately 41.85% of the issued share capital of the Company as of the date of this announcement. Besides, Mr. Hong held 6,400,000 share options of the Company under the share option scheme adopted by the Company on 26 November 2013 ("Share Options"). 1 Following the Ever's Acquisition, Ever and Mr. Ng are interested in an aggregate of 1,161,468,000 Shares, representing approximately 16.11% of the issued share capital of the Company as of the date of this announcement. Besides, Mr. Ng also held 6,400,000 Share Options. The Board believes that the Acquisitions fully demonstrate the confidence of Mr. Hong ...

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