Hanafin Investments Limited Form 8 (OPD) Geong International Limited (0973Y)
September 04 2015 - 4:45AM
UK Regulatory
TIDMGNG
RNS Number : 0973Y
Hanafin Investments Limited
04 September 2015
FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: Hanafin Investments Limited
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(b) Owner or controller of interests and short positions disclosed, if different from
1(a):
The naming of nominee or vehicle companies is insufficient. For a trust, the
trustee(s),
settlor and beneficiaries must be named.
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(c) Name of offeror/offeree in relation to whose relevant securities this form relates: GEONG International Limited
Use a separate form for each offeror/offeree
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(d) Is the discloser the offeror or the offeree? Offeror
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(e) Date position held: 03 September 2015
The latest practicable date prior to the disclosure
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(f) In addition to the company in 1(c) above, is the discloser making disclosures in N/A
respect
of any other party to the offer?
If it is a cash offer or possible cash offer, state "N/A"
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2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in
more than one class of relevant securities of the offeror or
offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for
each additional class of relevant security.
(a) Interests and short positions in the relevant securities of
the offeror or offeree to which the disclosure relates
Class of relevant security:
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Interests Short positions
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Number % Number %
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(1) Relevant securities owned and/or controlled: - - - -
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(2) Cash-settled derivatives: - - - -
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: - - - -
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- - - -
TOTAL:
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All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions
(including traded options), or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8 (Open
Positions).
Details of any securities borrowing and lending positions or
financial collateral arrangements should be disclosed on a
Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities
Class of relevant security in relation to which Ordinary Shares of 1p
subscription right exists:
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Details, including nature of the rights concerned and Hanafin Investments Limited holds GBP1,000,000 of
relevant percentages: convertible unsecured loan stock in the
offeree which is convertible into 20,000,000 new ordinary
shares of 1p each. Upon conversion
(and assuming no further issue of offeree shares, this
would equate to approximately 34.6%
of enlarged share capital of the offeree
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3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Details of any interests, short positions and rights to subscribe (including directors' and
other employee options) of any person acting in concert with the party to the offer making
the disclosure:
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Current holdings of 1p Ordinary Shares held by Concert parties:
Henry Hak-Yan Tse and Irene Lai-Yim-Kam (3,712,123 ordinary shares - 9.81%)
Weidong Wang and Xiao Min (5,061,671 ordinary shares - 13.38%)
Minren Guan (1,027,413 ordinary shares - 2.72%)
(All percentages based on current issued share capital as publicly announced by the offeree)
Options to subscribe for 1p Ordinary Shares currently held by Concert parties: Director/Concert Number Exercise Exercise
party Price Period
------------------- -------- --------- ---------------
Mr. Henry Hak-Yan 23.06.2009
Tse 97,970 30 p to 22.06.2016
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Mr. Henry Hak-Yan 11.06.2010
Tse 80,335 65 p to 22.06.2017
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Mr. Henry Hak-Yan 19.06.2011
Tse 91,870 56 p to 20.06.2018
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Mr. Henry Hak-Yan 23.06.2012
Tse 68,974 33 p to 22.06.2019
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23.06.2009
Mr. Weidong Wang 97,970 30 p to 22.06.2016
------------------- -------- --------- ---------------
11.06.2010
Mr. Weidong Wang 80,335 65 p to 22.06.2017
------------------- -------- --------- ---------------
19.06.2011
Mr. Weidong Wang 91,870 56 p to 20.06.2018
------------------- -------- --------- ---------------
23.06.2012
Mr. Weidong Wang 102,187 33 p to 22.06.2019
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23.06.2009
Mr. Minren Guan 26,452 30 p to 22.06.2016
------------------- -------- --------- ---------------
11.06.2010
Mr. Minren Guan 58,782 65 p to 22.06.2017
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19.06.2011
Mr. Minren Guan 73,500 56 p to 20.06.2018
------------------- -------- --------- ---------------
23.06.2012
Mr. Minren Guan 68,974 33 p to 22.06.2019
------------------- -------- --------- ---------------
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Details of any open stock-settled derivative positions
(including traded options), or agreements to purchase or sell
relevant securities, should be given on a Supplemental Form 8 (Open
Positions).
Details of any securities borrowing and lending positions or
financial collateral arrangements should be disclosed on a
Supplemental Form 8 (SBL).
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal
or informal, relating to relevant securities which may be an inducement to deal or refrain
from dealing entered into by the party to the offer making the disclosure or any person acting
in concert with it:
Irrevocable commitments and letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state "none"
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None
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(b) Agreements, arrangements or understandings relating to options or derivatives
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