HKBN (01310): Restore public shareholding ratio

HKBN (01310) announced that the company has been informed by China Mobile Hong Kong that as of the date of this announcement, China Mobile Hong Kong (together with its concerted action parties) maintains the same number of shares as previously disclosed, which is 1.107 billion shares (representing approximately 74.84% of the total issued shares of the company). The company is aware that the number of shares held by core related parties (excluding China Mobile Hong Kong) has decreased from the previously disclosed 33.207 million shares (representing approximately 2.25% of the total issued shares of the company) to 1.3235 million shares as of the date of this announcement (representing approximately 0.09% of the total issued shares of the company). Therefore, as of the date of this announcement, 371 million shares (representing approximately 25.07% of the total issued shares of the company) are held by the public (as defined in the Listing Rules). As a result, the company has now met the minimum public float requirement of 25% as stipulated in the Listing Rules.