RITAMIX (01936) receives a general offer from INNOVATION FORGE HOLDINGS LIMITED at a discount of approximately 29.08%; trading resumes on September 28.

RITAMIX (01936) and the offeror INNOVATION FORGE HOLDINGS LIMITED jointly announce that, after trading hours on September 25, 2026, the Company was informed by the offeror and the sellers that the buyers, the sellers and the seller guarantor entered into a sale and purchase agreement. Pursuant to the agreement: (a) the first seller, Garry-Worth Investment Limited, has agreed to sell, and the first buyer, Stellar Gate Investments Limited, has agreed to purchase, 266 million first sale shares, representing approximately 56.37% of all issued shares and 57% of issued voting shares as at the date of this joint announcement; (b) the first seller has agreed to sell, and the second buyer has agreed to purchase, 71,445,700 first seller shares, representing approximately 15.14% of all issued shares and approximately 15.31% of issued voting shares as at the date of this joint announcement; and (c) the second seller, Warrants Capital Ltd, has agreed to sell, and the second buyer, Innovation Forge Holdings Limited, has agreed to purchase, 26,316,000 second seller shares, representing approximately 5.58% of all issued shares and approximately 5.64% of issued voting shares as at the date of this joint announcement. The sale shares comprise an aggregate of 364 million shares, representing approximately 77.08% of all issued shares and approximately 77.94% of issued voting shares as at the date of this joint announcement. The total consideration for the sale shares is HK$224 million, equivalent to HK$0.6170 per sale share, of which: (i) the first buyer shall pay HK$164 million for the first sale shares; and (ii) the second buyer shall pay HK$60,318,900 for the second sale shares. The sale and purchase of the first seller shares and the second seller shares are conditional upon each other and must be completed simultaneously. Unless otherwise agreed under the sale and purchase agreement, no partial completion will take place. The offer price of HK$0.6170 per offer share represents a discount of approximately 29.08% to the closing price of HK$0.8700 per share as quoted on the Stock Exchange on the last trading day. The Company has applied for resumption of trading in its shares on the Stock Exchange with effect from 9:00 a.m. on September 28, 2026.