GET NICE (00064) agrees to privatization, trading will resume on July 20th.

GET NICE (00064) and offeror Honeylink Agents Limited jointly announced on June 25, 2026 that the offeror requested the board to propose to the planned shareholders to privatize the company through a scheme arrangement under Section 86 of the Companies Ordinance. The scheme will involve the cancellation of scheme shares, and in return, payment in cash to scheme shareholders for the total price of each cancelled scheme share, as well as the delisting of shares from the Stock Exchange. The company has applied to the Stock Exchange for the resumption of trading on the Stock Exchange as of 9:00 a.m. on July 20, 2026. If the proposal is approved and implemented, all scheme shares held by scheme shareholders will be cancelled and removed on the effective date, at a price of HK$4.00 per cancelled scheme share, including (i) a cancellation price of HK$2.00 per scheme share to be paid in cash by the offeror; and (ii) a special dividend of HK$2.00 per share to be paid in cash by the company. The cancellation price represents a discount of approximately 41.2% to the closing price of HK$3.40 per share on the last trading day on the Stock Exchange, while the total price represents a premium of approximately 17.6% to the closing price of HK$3.40 per share on the last trading day on the Stock Exchange. The total maximum cash consideration to be paid to scheme shareholders under the proposal is approximately HK$1.195 billion. It is understood that the offeror is wholly owned by Mr. Hong Hanwen. Mr. Hong Hanwen is the Chairman and Executive Director of the company as well as the founder of the group. He is responsible for formulating the group's corporate strategy and future development direction. Mr. Hong Hanwen is also responsible for overseeing the group's lending and credit business, property development, and investments. He has over 31 years of experience in the securities and real estate industry in Hong Kong and Taiwan.