Nameson Holdings Limited (Nameson HLDGS; 01982) has entered into a facility letter dated 20 May 2026 with an unnamed bank for a three-year term loan facility of up to HK$130.00 million.

The agreement triggers Hong Kong Stock Exchange Listing Rule 13.18 disclosure due to specific performance obligations linked to controlling shareholders. Under the covenant, founder Mr Wong Ting Chung or his family members must remain the majority ultimate beneficial owners, holding at least 50 % of Nameson’s issued share capital and maintaining management control throughout the loan tenor.

Current shareholding data show Mr Wong Ting Chung directly owns 200.00 million shares, while he, Mr Wong Ting Chun and Mr Wong Ting Kau are each deemed interested in a further 1.50 billion shares held via Nameson Investments Limited under the Happy Family Trust. Collectively, the trio controls approximately 74.6 % of the company’s issued share capital, comfortably exceeding the 50 % threshold.

A breach of the shareholding covenant would constitute an event of default, rendering all outstanding principal and interest under the HK$130.00 million facility immediately due and payable.

Nameson has committed to include ongoing disclosure of this covenant in its interim and annual reports for as long as the obligation remains in effect, in accordance with Listing Rule 13.21.

The company’s board currently comprises four executive directors—including Chairman Mr Wong Wai Yue MH and CEO Mr Man Yu Hin—and three independent non-executive directors.