LH Group's Public Offer Shares received very strong market support with a total of around 44,000 applications for approximately 19.6 billion shares, or 979 times oversubscribed. If excluding the two million Employees Reserved Shares, and with the 18 million Shares for Public Offer taken into account, the public tranche was almost 1,087 times oversubscribed, the most ever among F&B stocks in the Hong Kong market. The over-subscription of the Public Offer has activated the clawback mechanism with the final number of Public Offer Shares now increased to 100 million shares, representing 50% of the total number of the Offer Shares available under the Share Offer The International Placing Shares were also slightly oversubscribed. The Offer Price has been fixed at HK$1.10 per share.

China Everbright Capital Limited is the Sole Sponsor of the Share Offer. China Everbright Securities (HK) Limited ("EBS Securities"), Sinolink Securities (Hong Kong) Company Limited ("Sinolink") and Celestial Capital Limited ("Celestial Capital") are the Joint Global Coordinators, EBS Securities, Sinolink, Celestial Capital and RHB Securities Hong Kong Limited ("RHB") are the Joint Bookrunners.

Trading of the shares of LH Group on the Main Board of The Stock Exchange of Hong Kong Limited is expected to commence on 30 May 2018 (Wednesday) under the stock code 1978. The shares will be traded in board lots of 2,000 shares each.

About LH GroupRanked second and third in the Japanese and Asian cuisine markets in Hong Kong, LH Group is a top full-service multi-brand restaurant group in Hong Kong specialising in Chinese and Asian (in particular Japanese) cuisine. As at 5 May 2018, the Group operated 34 restaurants, including six Chinese restaurants and 28 Asian restaurants under a diverse and appealing portfolio of 10 brands, namely self-owned brands "Mou Mou Club", "The Banqueting House", "China Hall", "LH Grand", "Pot Master", "Peace Cuisine" and "Hotpot PNP", as well as popular franchised brands introduced from Japan and Korea, including "Gyu-Kaku", "On-Yasai" and "Yoogane", with a new brand "Gyu-Kaku Jinan-Bou" to be launched in 2018.These restaurants serve quality delicacies to diversified customer segments seeking a wide variety of culinary experiences. For more details, please visit the Group's official website: www.lhgroup.com.hk^[1].

Media Enquiries: Strategic Financial Relations LimitedHeidi So +852 2864 4826 [email protected]Angelus Lau +852 2864 4805 [email protected]Angela Wong +852 2114 4953 [email protected]www.sprg.com.hk^[2][3][4][5]

Topic: Press release summarySectors: Daily Finance, Daily News^[6][7] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

1. ^{^} www.lhgroup.com.hk (www.lhgroup.com.hk)
2. ^{^} [email protected] (www.acnnewswire.com)
3. ^{^} [email protected] (www.acnnewswire.com)
4. ^{^} [email protected] (www.acnnewswire.com)
5. ^{^} www.sprg.com.hk (www.sprg.com.hk)
6. ^{^} Daily Finance (www.acnnewswire.com)
7. ^{^} Daily News (www.acnnewswire.com)