The controlling shareholder of ES Services (01995) intends to sell approximately 23.54% of the company's shares.

ES SERVICES (01995) announced that on December 12, 2025, Spectron Enterprises Limited (Spectron) (a wholly-owned subsidiary of Sun Hung Kai Group) has entered into a three-year pre-subscription option transaction with LMR Multi-Strategy Master Fund Limited and entered into a sale and swap transaction for 407 million shares of the company (referred to as the proposed transaction). Upon the effective date, Spectron will transfer all of its shares in the Company (representing approximately 23.54% of the total issued share capital of the Company as of the date of this announcement), which will result in the Company no longer being consolidated in the financial statements of Sun Hung Kai Group. The Board of Directors expects that even if the proposed transaction is implemented, it will not have any adverse impact on the business operations of the Group; the Company will make further announcements on the proposed transaction at the appropriate time in accordance with the listing rules and applicable laws.