Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

BOSSINI INTERNATIONAL HOLDINGS LIMITED

堡獅龍國際集團有限公司*

(Incorporated in Bermuda with limited liability)

(Stock Code: 592)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") (the "Listing Rules").

The board (the "Board") of directors (the "Directors") of Bossini International Holdings Limited (the "Company", together with its subsidiaries, collectively the "Group") hereby announces that on 1 December 2017 (the "Date of Grant"), the Company granted 780,000 share options (the "Share Options") to an employee of the Group (the "Grantee") to subscribe for an aggregate of 780,000 shares of HK$0.10 each in the capital of the Company (the "Shares") under the share option scheme adopted by the Company on 12 November 2013, subject to acceptance of the Grantee. Details of the Share Options granted are as follows:

Date of Grant:

1 December 2017

Exercise price of Share

Options granted:

HK$0.425 per Share

Number of Share Options

granted:

780,000

Closing price of the Shares

on the Date of Grant:

HK$0.425 per Share

Validity period of the Share

Options:

The Share Options are exercisable during the period from

22 May 2020 to 30 November 2027.

None of the Grantee is a director, chief executive or substantial shareholder of the Company or any of their respective associates (as defined in the Listing Rules).

*For identification purposes only

Each Share Option shall entitle the holder of the Share Options to subscribe for one Share upon exercise of such Share Option at an exercise price of HK$0.425 per Share, which represents the highest of (i) the closing price of HK$0.425 per Share as stated in the daily quotation sheets issued by the Stock Exchange on 1 December 2017, being the Date of Grant; (ii) the average closing price of HK$0.425 per Share as stated in the daily quotation sheets issued by the Stock Exchange for the five business days immediately preceding the Date of Grant; and (iii) the nominal value of the Share.

By offering Share Options, the Company intends to provide management staff and key employees with additional performance incentives, and encourage them to remain in the employment of the Group and devote their best efforts to the Group, thereby advancing the interests of the Company and its shareholders.

Hong Kong, 1 December 2017

By Order of the Board

Bossini International Holdings Limited WONG Suk May

Company Secretary

As at the date of this announcement, the Board comprises three Executive Directors, namely Ms. TSIN Man Kuen Bess (Chairman), Mr. MAK Tak Cheong Edmund and Mr. CHAN Cheuk Him Paul and three Independent Non-executive Directors, namely Mr. CHEONG Shin Keong, Ms. LEUNG Mei Han and Prof. SIN Yat Ming.

Bossini International Holdings Limited published this content on 01 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 December 2017 10:36:05 UTC.

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