# Long position in the shares and underlying shares of the Company

<table><tr><td>Name of Director</td><td>Number of issued 
ordinary shares/
underliyng shares 
of the Company
Personal interests</td><td>Total</td><td>Percentage 
of the issue
shares caiptal 
of the Company</td></tr><tr><td>Ms. Tsui Tsz Fa Mabel</td><td></td><td></td><td></td></tr><tr><td>– Unlisted share options</td><td>8,000,000</td><td>8,000,000</td><td>1%</td></tr><tr><td>Ms. Liu Taniyng</td><td></td><td></td><td></td></tr><tr><td>– Unlisted share options</td><td>8,000,000</td><td>8,000,000</td><td>1%</td></tr></table>

Save as disclosed above, none of the Directors nor chief executive of the Company has registered an interest or short positions in the Shares, underlying shares or debentures of the Company or any of its associated corporations (within the meaning of Part XV of the SFO) (i) which were required to be notified to the Company and the Stock Exchange pursuant to Divisions 7 and 8 of Part XV of the SFO (including interests and short positions which were taken or deemed to have under such provisions of the SFO); or (ii) which were required, pursuant to Section 352 of the SFO, to be entered in the register referred to therein; or (iii) which were required to be notified to the Company and the Stock Exchange pursuant to Rules 5.46 to 5.67 of the GEM Listing Rules.

# INTERESTS AND SHORT POSITIONS OF SUBSTANTIAL SHAREHOLDERS AND OTHER PERSONS IN THE SHARES AND UNDERLYING SHARES OF THE COMPANY

As at 31 January 2020, the Company had not been notified by any persons who had interests or short positions in the shares or underlying shares of the Company which were recorded in the register required to be kept by the Company pursuant to Section 336 of the SFO or which would fall to be disclosed under the provisions of Divisions 2 and 3 of Part XV of the SFO.

# COMPETING INTEREST

Our Directors and their respective close associates confirm that each of them does not have any interest in a business apart from our Group’s business which competes or is likely to compete, directly or indirectly, with our Group’s business, and is required to be disclosed pursuant to Rule 11.04 of the GEM Listing Rules during the nine months ended 31 January 2020.

# PURCHASE, SALE OR REDEMPTION OF THE COMPANY’S LISTED SECURITIES

During the nine months ended 31 January 2020 and up to the date of this announcement, neither the Company nor any of its subsidiaries had purchased, sold or redeemed any of the Company’s listed securities.

# CODE OF CONDUCT REGARDING SECURITIES TRANSACTIONS BY DIRECTORS

The Group has adopted a code of conduct regarding securities transactions by the Directors (the “Code of Conduct”) on terms no less exacting than the required standards of dealings set out in Rules 5.48 to 5.67 of the GEM Listing Rules. Having made specific enquiries with the Directors, all Directors have confirmed that they have complied with the required standards set out in the Code of Conduct during the nine months ended 31 January 2020 and up to the date of this announcement.

# DIVIDENDS

The Board does not recommend a payment of an interim dividend for the nine months ended 31 January 2020 (2019: nil).

# EVENTS AFTER REPORTING PERIOD

Save as disclosed, up to the date of this announcement, there was no significant event after the Reporting Period of the Group.

# SHARE OPTION SCHEME

The Company has conditionally adopted a share option scheme on 26 September 2016 (the “Scheme”). The terms of the Scheme are in accordance with the provisions of Chapter 23 of the GEM Listing Rules.

Details of the options outstanding for the nine months ended 31 January 2020 are as follows:

<table><tr><td rowspan="2">Grantees</td><td rowspan="2">Date of grant</td><td colspan="5">No. of shares comprised in options</td><td rowspan="2">Exercise 
price 
per share</td></tr><tr><td>As at 
1 May 2019</td><td>Granted 
during 
the period</td><td>Exercised 
during 
the period</td><td>Lapsed 
during 
the period</td><td>As at 
31 January
 2020</td></tr><tr><td>Executive director</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Ms. Tsui Tsz Fa Mabel</td><td>30 May 2019</td><td>–</td><td>8,000,000</td><td>–</td><td>–</td><td>8,000,000</td><td>HK$0.066</td></tr><tr><td>Ms. Liu Taniyng</td><td>30 May 2019</td><td>–</td><td>8,000,000</td><td>–</td><td>–</td><td>8,000,000</td><td>HK$0.066</td></tr><tr><td>Other Grantees</td><td>30 May 2019</td><td>–</td><td>16,000,000</td><td>–</td><td>–</td><td>16,000,000</td><td>HK$0.066</td></tr><tr><td></td><td>Total</td><td>–</td><td>32,000,000</td><td>–</td><td>–</td><td>32,000,000</td><td></td></tr></table>