Gelonghui, December 10th | OSL Group (00863. HK) announced that on December 9th, 2024, the buyer (OSL Midas Pay Limited, a wholly-owned subsidiary of the company) and the seller (Teo Jing Wei) entered into a European share purchase agreement. According to this agreement, the seller conditionally agrees to sell to the buyer, and the buyer conditionally agrees to purchase the sale shares from the seller. The total consideration for the European acquisition is 6.999 million US dollars (equivalent to approximately 54.5 million Hong Kong dollars), of which 4.899 million US dollars will be paid in cash (equivalent to approximately 38.2 million Hong Kong dollars) and the other 2.1 million US dollars (equivalent to approximately 16.3 million Hong Kong dollars) will be paid through the allocation and issuance of consideration shares. On the same day, the buyer (i.e. OSL Midas Pay Limited) and the seller (i.e. Teo Jing Wei) entered into an Italian stock purchase agreement, whereby the seller conditionally agreed to sell to the buyer, and the buyer conditionally agreed to purchase quotas from the seller, for a consideration of $1000 (equivalent to approximately HKD 7780) for the Italian acquisition. The European Stock Purchase Agreement and the Italian Stock Purchase Agreement are not mutually conditional.

Gelonghui, December 10th | OSL Group (00863. HK) announced that on December 9th, 2024, the buyer (OSL Midas Pay Limited, a wholly-owned subsidiary of the company) and the seller (Teo Jing Wei) entered into a European share purchase agreement. According to this agreement, the seller conditionally agrees to sell to the buyer, and the buyer conditionally agrees to purchase the sale shares from the seller. The total consideration for the European acquisition is 6.999 million US dollars (equivalent to approximately 54.5 million Hong Kong dollars), of which 4.899 million US dollars will be paid in cash (equivalent to approximately 38.2 million Hong Kong dollars) and the other 2.1 million US dollars (equivalent to approximately 16.3 million Hong Kong dollars) will be paid through the allocation and issuance of consideration shares. On the same day, the buyer (i.e. OSL Midas Pay Limited) and the seller (i.e. Teo Jing Wei) entered into an Italian stock purchase agreement, whereby the seller conditionally agreed to sell to the buyer, and the buyer conditionally agreed to purchase quotas from the seller, for a consideration of $1000 (equivalent to approximately HKD 7780) for the Italian acquisition. The European Stock Purchase Agreement and the Italian Stock Purchase Agreement are not mutually conditional.