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TESSON HOLDINGS LIMITED
天臣控股有限公司
(Incorporated in Bermuda with limited liability)
(Stock code: 1201)
INSIDE INFORMATION
DISPOSAL OF SHARES BY A CONTROLLING SHAREHOLDER
This announcement is made by Tesson Holdings Limited (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).
The Company has been informed by Double Key International Limited ("Double Key"), a controlling shareholder of the Company, that on 7 January 2020, 8 January 2020, 9 January 2020 and 22 January 2020, respectively, it had disposed (the "Disposal") of 2,013,000 shares of the Company (the "Shares"), 1,992,000 Shares, 5,655,000 Shares and 333,000 Shares (a total of 9,993,000 Shares) (the "Sale Share(s)") on open market, representing approximately 0.84% of the total issued shares of the Company, at the average consideration of approximately HK$0.5034 per Sale Share through on-market transactions on the trading platform of the Stock Exchange. Double Key has further informed the Company that, to its best knowledge, the purchaser(s) of the Sale Shares are third parties independent of and not connected with the Company (as defined in the Listing Rules). Double Key is wholly-owned by Ms. Cheng Hung Mui, an executive director of the Company.
Immediately after the Disposal, the number of shares in the Company held by Double Key decreases from 785,887,533 Shares (representing approximately 65.68% of the total issued Shares) to 775,894,533 Shares (representing approximately 64.85% of the total issued Shares).
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Shareholders of the Company and potential investors of the Company are advised to exercise caution when dealing in the Shares.
By order of the Board
Tesson Holdings Limited
Tin Kong
Chairman and Executive Director
Hong Kong, 5 February 2020
As at the date of this announcement, the Board comprises Mr. Tin Kong, Ms. Cheng Hung Mui, Mr. Chen Dekun and Mr. Sheng Siguang as executive Directors; and Dr. Ng Ka Wing, Mr. See Tak Wah and Mr. Wang Jinlin, as independent non-executive Directors.
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