LVGEM China Real Estate Investment : Next Day Disclosure Return - Changes in issued share capital

For Main Board listed issuers

Next Day Disclosure Return

(Equity issuer - changes in issued share capital and/or share buybacks)

Name of listed issuer: LVGEM (China) Real Estate Investment Company Limited

Stock code: 95	Date submitted: 23 January 2020

Section I must be completed by a listed issuer where there has been a change in its issued share capital which is discloseable pursuant to rule 13.25A of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Exchange").

Section II must also be completed by a listed issuer where it has made a repurchase of shares which is discloseable under rule 10.06(4)(a).

Description of securities: Ordinary Shares

I.

					Issued shares as a % of				Closing market price		% discount/
			No. of shares		existing number of issued				per share of the
	Issues of shares			Issue price per share			premium of issue price
		shares before relevant			immediately preceding
	(Notes 6 and 7)				(Notes 1 and 7)			to market price
			share issue			business day
									(Note 7)
					(Notes 4, 6 and 7)				(Note 5)
Opening balance as at
(Note 2)	5,050,459,611
	31 December 2019
(Note 3)
Allotment and issuance of ordinary
shares on 3 January 2020 arising
from exercise of options granted on	308,000	0.0061%		HK$1.846		HK$2.78		33.60% (discount)
28 June 2016 under Share Option							(Closing price as at
Scheme (adopted on 2 June 2016)							2 January 2020)
by an employee of the Group (not
being a director of the Company or
its subsidiaries)

1

								For Main Board listed issuers
(Note 3)
Allotment and issuance of ordinary
shares on 7 January 2020 arising
from exercise of options granted on
28 June 2016 under Share Option	80,000	0.0016%	HK$1.846	HK$2.74	32.63% (discount)
Scheme (adopted on 2 June 2016)					(Closing price as at
by an employee of the Group (not					6 January 2020)
being a director of the Company or
its subsidiaries)
(Note 3)
Allotment and issuance of ordinary
shares on 8 January 2020 arising
from exercise of options granted on	46,000	0.0009%	HK$1.846	HK$2.72	32.13% (discount)
28 June 2016 under Share Option					(Closing price as at
Scheme (adopted on 2 June 2016)					7 January 2020)
by an employee of the Group (not
being a director of the Company or
its subsidiaries)
(Note 3)
Issue of shares on 23 January 2020
arising from the conversion of the	13,636,364	0.27%	HK$2.06	HK$2.80	26.43% (discount)
convertible preference shares issued					(Closing price as at
by the Company on 30 November					22 January 2020)
2015
Share repurchases	N/A		N/A
Closing balance as at	5,064,529,975
(Note 8)
	23 January 2020

2

For Main Board listed issuers

Description of securities: Convertible Preference Shares

I.

No. of

Issued shares as a % of

Closing market price

% discount/

Issues of

existing number of issued

per share of the

Convertible

Issue price per share

premium of issue price

Convertible Preference Shares

shares before relevant

immediately preceding

Preference Shares

(Notes 1 and 7)

to market price

(Notes 6 and 7)

share issue

business day

(Note 7)

(Notes 4, 6 and 7)

(Note 5)

Opening balance as at

(Note 2)

3,442,211,605

31 December 2019

(Note 3)

Conversion of the convertible

preference shares issued by the

Company on 30 November 2015

13,636,364

N/A

N/A

N/A

N/A

Share repurchases

N/A

N/A

Closing balance as at

3,428,575,241

(Note 8)

23 January 2020

3

For Main Board listed issuers

Notes to Section I:

1. Where shares have been issued at more than one issue price per share, a weighted average issue price per share should be given.
2. Please insert the closing balance date of the last Next Day Disclosure Return published pursuant to rule 13.25A or Monthly Return pursuant to rule 13.25B, whichever is the later.
3. Please set out all changes in issued share capital requiring disclosure pursuant to rule 13.25A together with the relevant dates of issue. Each category will need to be disclosed individually with sufficient information to enable the user to identify the relevant category in the listed issuer's Monthly Return. For example, multiple issues of shares as a result of multiple exercises of share options under the same share option scheme or of multiple conversions under the same convertible note must be aggregated and disclosed as one category. However, if the issues resulted from exercises of share options under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed as 2 separate categories.
4. The percentage change in the number of issued shares of listed issuer is to be calculated by reference to the listed issuer's total number of shares in issue (excluding for such purpose any shares repurchased or redeemed but not yet cancelled) as it was immediately before the earliest relevant event which has not been disclosed in a Monthly Return or Next Day Disclosure Return.
5. Where trading in the shares of the listed issuer has been suspended, "closing market price per share of the immediately preceding business day" should be construed as "closing market price per share of the business day on which the shares were last traded".
6. In the context of a repurchase of shares:
7. • "issues of shares" should be construed as "repurchases of shares"; and
   • "issued shares as a % of existing number of shares before relevant share issue" should be construed as "repurchased shares as a % of existing number of shares before relevant share repurchase".
8. In the context of a redemption of shares:
9. • "issues of shares" should be construed as "redemptions of shares";
   • "issued shares as a % of existing number of shares before relevant share issue" should be construed as "redeemed shares as a % of existing number of shares beforerelevant share redemption"; and
   • "issue price per share" should be construed as "redemption price per share".
10. The closing balance date is the date of the last relevant event being disclosed.

4

For Main Board listed issuers

II.

1. Purchase report

Trading	Number of	Method of purchase	Price per share or highest
securities	Lowest price paid $	Total paid $
date	(Note)	price paid $
purchased

Total

1. Additional information for issuer whose primary listing is on the Exchange

1.	Number of such securities purchased on the Exchange in the year to date (since ordinary	(a) _____________
	resolution)
2.	% of number of shares in issue at time ordinary resolution passed acquired on the Exchange since	____________%
	date of resolution

( (a) x 100 )

Number of shares in issue

We hereby confirm that the repurchases set out in A above which were made on the Exchange were made in accordance with the Listing Rules and that there have been no material changes to the particulars contained in the Explanatory Statement dated ___________________ which has been filed with the Exchange. We also confirm that any

purchases set out in A above which were made on another stock exchange were made in accordance with the domestic rules applying to purchases made on that other exchange.

Note to Section II: Please state whether on the Exchange, on another stock exchange (stating the name of the exchange), by private arrangement or by general offer.

Submitted by: CHAN Kin Man (Name)

Title: Company Secretary

(Director, Secretary or other duly authorised officer)

5