Group 1 - The offeror, China Mobile Hong Kong Limited, has entered into a share purchase agreement with TPG Wireman, L.P. to acquire 144,966,345 shares of Hong Kong Broadband Network Limited, representing approximately 10.39% of the company's total issued share capital, for a total consideration of approximately HKD 758 million, equating to a purchase price of HKD 5.23 per share [1] - The seller has agreed to convert all seller loan notes into shares, amounting to 83,661,106 new shares, which will also be sold to the offeror for approximately HKD 437.5 million [1] - Upon completion of the transaction, the offeror and its concert parties will collectively own approximately 228.6 million shares, representing about 15.46% of the enlarged issued share capital of the company [1] Group 2 - On December 2, 2024, the offeror and the seller entered into an irrevocable commitment, whereby the seller irrevocably agrees to accept the share offer and the seller loan note offer [2] - From the completion date, the offeror will waive and release any rights or claims that the seller and its affiliates may have against the offeror due to the transactions under the share purchase agreement [2]
中国移动香港拟斥资近12亿港元收购香港宽频(01310)约15.46%股权