E141212061Ann.indd

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.



(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 595)

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 ("Listing Rules").
The board of directors ("Board") of AV Concept Holdings Limited ("Company") announces that on 12 December 2014, the Company has granted share options ("Options") to subscribe for an aggregate of 71,100,000 ordinary shares of HK$0.10 each in the share capital of the Company ("Shares") (upon exercise in full and subject to adjustment in accordance with the share option scheme of the Company adopted on 3 August 2012 ("Share Option Scheme")) under the Share Option Scheme to ten eligible persons ("Grantees" and each a "Grantee"), being employees of the Company, and subject to acceptance by the Grantees. Details of the Options are set out below:
Date of grant : 12 December 2014 ("Date of Grant") Exercise price of Options granted : HK$0.519
Total number of Shares to be issued upon exercise in full of
the Options granted
: 71,100,000
Closing price of the Shares on
the Date of Grant
: HK$0.495
Average closing price of the Shares for the five business days immediately preceding the Date
of Grant
: HK$0.519
Validity period of the Options : 12 December 2014 to 11 December 2016

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As at the Date of Grant, the Company had issued 711,108,419 Shares.
None of the Grantees is a director, chief executive or substantial shareholder of the Company, or any of their respective associate(s) (as defined in the Listing Rules).
By Order of the Board

AV Concept Holdings Limited So Yuk Kwan Chairman

Hong Kong, 12 December 2014

As at the date of this announcement, the Board comprises three executive directors, Dr. Hon. So Yuk Kwan (Chairman), Mr. So Chi On and Mr. Ho Choi Yan Christopher and three independent non- executive directors, Dr. Lui Ming Wah, SBS, JP, Mr. Charles E. Chapman and Mr. Wong Ka Kit.

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