Thelloy Development Group Limited (“Thelloy Dev”, 01546) has received an unconditional cash offer from World Nexus Holdings Limited to acquire ordinary shares of nominal value HK$0.01 each at HK$0.19 per share.
Key terms extracted from the composite offer and Form of Acceptance:
• Offer Structure: All-cash, unconditional in all respects. • Consideration: HK$0.19 per share, payable by cheque crossed “Not negotiable – account payee only”. Sellers’ ad valorem stamp duty will be deducted from the payment. • Offeror Details: World Nexus Holdings Limited, registered at Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands. Principal business is investment holding. • Receiving Agent: Tricor Investor Services Limited, 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong. • Acceptance Deadline: Completed Form of Acceptance, accompanied by relevant share certificates or transfer receipts, must reach Tricor Investor Services by 4:00 p.m. on Friday, 10 April 2026 (or any later date announced with the Executive’s consent under the Takeovers Code). • Settlement: Cheques will be dispatched within seven business days after the Registrar receives all documents required for a valid acceptance. • Rights Attached: Shares tendered will be sold free of encumbrances together with all rights and benefits, including any dividends or distributions declared, made or paid on or after 20 March 2026, the despatch date of the Composite Document. • Joint Financial Adviser and Receiving Agent: Lego Securities Limited is acting for and on behalf of the Offeror.
Shareholders wishing to accept must submit the Form of Acceptance in accordance with the instructions provided. The Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of the Form of Acceptance.