CNT Group: Offerors Issue Composite Document; Takeover Timetable Set From 29 May–6 July 2026

Bulletin Express
05/29

The joint announcement by Prime Surplus Limited and SHK Hong Kong Industries Limited (together, the “Offerors”) and CNT Group Limited (“CNT”) confirms that the Composite Document for the voluntary conditional cash offer to acquire all issued CNT shares (the “CNT Offer”) was despatched to independent CNT shareholders on 29 May 2026.

The Composite Document provides: • Full terms of the CNT Offer. • A letter from the Independent CNT Board Committee. • Independent financial adviser’s opinion to the committee. • A Form of Acceptance for shareholders wishing to tender their shares.

Key indicative timetable (Hong Kong time) • 29 May 2026: Despatch of Composite Document; CNT Offer opens. • 22 June 2026, 4:00 p.m.: First Closing Date and latest time for acceptances. Results announced by 7:00 p.m. the same day. • By 2 July 2026: Despatch of consideration for valid acceptances if the offer becomes or is declared unconditional on the First Closing Date. • 6 July 2026, 4:00 p.m.: Final Closing Date, assuming the offer is unconditional on the First Closing Date; results announced by 7:00 p.m. • By 15 July 2026: Despatch of consideration for valid acceptances received by the Final Closing Date. • 28 July 2026, 7:00 p.m.: Last date by which the offer can become or be declared unconditional as to acceptances.

Operational notes 1. The Offerors may extend or revise the CNT Offer subject to the Takeovers Code, with any change announced no later than 7:00 p.m. on the First Closing Date. 2. If the offer becomes unconditional, it must remain open for at least 14 additional days. 3. Remittances for accepted shares will be mailed within seven business days after valid documentation is received. 4. Severe weather on any key deadline could shift relevant dates to the next business day without such conditions. 5. Beneficial owners holding shares through CCASS should observe broker or custodian cut-off times to meet the formal deadlines.

Cautionary statement The CNT Offer is conditional and may not become unconditional. Shareholders and potential investors are advised to exercise caution when dealing in CNT securities and to seek professional advice if in doubt.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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