TCL Electronics Holdings Limited (01070) said it has been informed by Mr Li Dongsheng (Mr Li), the chairman of the board of directors and an executive director of the company, that on 29 September 2020, Mr Li and his spouse exercised share options carrying rights to subscribe for 3,461,393 ordinary shares of the company in cash.
The share options were granted to Mr Li (on 9 March 2015 and 31 August 2015) and his spouse (on 31 August 2015) under the share option scheme then in effect of the company with an exercise price of HK$4.4834 (for those granted on 9 March 2015) and HK$3.3918 (for those granted on 31 August 2015) per ordinary share of the company respectively.