EC HEALTHCARE(02138): The Cosmetic Care Group Limited exercises put option.

EC HEALTHCARE (02138) announced that its indirect wholly-owned subsidiary, BMF Worldwide Limited, intends to acquire approximately 90% of the issued share capital of Rising Gold Phoenix Limited from The Cosmetic Care Group Limited for a consideration of HK$52.5 million (adjustable). On April 21, 2026, the seller delivered a written notice to the buyer, exercising the put option in accordance with the agreement, to sell all the shares it holds in the target company (which represents approximately 10% of the total issued share capital of the target company) to the buyer. Based on the cash EBITDA for the 2025 fiscal year agreed upon by the buyer and seller, the exercise price for the put option is HK$6 million. It is expected that this exercise price will be paid from internal resources of the group. The exercise of the put option by the seller will not have any impact on the business and operations of the target company. Upon completion of the acquisition of the target company's shares in accordance with the put option granted to the seller, the target company will become a wholly-owned subsidiary of the group. The target company will continue to be consolidated in the financial statements of the company.