A recent filing with the Hong Kong Stock Exchange reveals that on March 27, a shareholder of ICONCULTURE (08500) transferred shares from Cheong Lee Securities to Berkshire Capital. The transferred shares had a market value of HK$2.2686 million, representing 5.77% of the company's issued share capital.

This transaction follows an announcement made by ICONCULTURE on March 20. The company stated that due to requiring additional time to handle relevant audit procedures and address requests from its auditor, it anticipates being unable to publish its 2025 financial results by March 31, 2026. Consequently, the 2025 annual report may also be delayed.

A delay in publishing the 2025 results and/or the 2025 annual report would constitute a breach of GEM Listing Rules 18.49 and/or 18.03. If an issuer fails to publish its preliminary results, it must announce figures based on financial results that have not been agreed upon with the auditor, based on available information.

After careful consideration, ICONCULTURE's board believes that if a delay in publishing the preliminary results is necessary, the currently available information may not fully and accurately reflect the company's financial performance and position. Therefore, it would be inappropriate to issue results based on the group's unaudited management accounts for the year ended December 31, 2025.