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 Hong Kong with limited liability)

(Stock Code: 00604)

GRANT OF SHARE OPTIONS

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

The board of directors (the "Board") of Shenzhen Investment Limited (the "Company") announces that on 8 February 2018 (the "Offer Date"), the Company offered to grant a total of 22,384,000 share options (the "Share Options") to certain eligible persons (collectively, the "Grantees") to subscribe for a total of 22,384,000 ordinary shares of the Company ("Shares") under the share option scheme adopted by the Company on 22 June 2012 (the "Share Option Scheme"), subject to acceptance by the Grantees. Details of the Share Options offered to be granted are as follows:

Offer Date

:

8 February 2018

Exercise price of the

:

HK$3.394 per Share, which represents the higher of (i)

Share Options

the closing price of HK$3.26 per Share as stated in the

Stock Exchange's daily quotations sheet on the Offer

Date; and (ii) the average closing price of HK$3.394 per

Share as stated in the Stock Exchange's daily quotations

sheets for the 5 business days immediately preceding the

Offer Date

Total number of Share

:

22,384,000

Options offered to be

granted

Total number of Shares

:

22,384,000

to be issued upon

exercise of the Share

Options in full

Closing price of Shares

:

HK$3.26 per Share

on the Offer Date

Validity period of the Share Options

:The Share Options shall be deemed to be granted upon acceptance of the offer of the grant in accordance with the terms of the Share Option Scheme. The Share Options are exercisable during the period from 20 June 2019 to 19 June 2022, subject to performance review and the following vesting term:-

Maximum percentage of Share Options exercisable

(including the Share Options

Exercise period of the relevant

previously exercised)

percentage of the Share Options

40%

at any time from 20 June 2019

to 19 June 2020

70%

at any time from 20 June 2020

to 19 June 2021

100%

at any time from 20 June 2021

to 19 June 2022

None of the Grantees is a director, chief executive or substantial shareholder of the Company, or an associate (as defined under the Listing Rules) of any of them.

By Order of the Board SHENZHEN INVESTMENT LIMITED

LU Hua

Chairman

Hong Kong, 8 February 2018

As at the date of this announcement, the Board comprises 9 directors, of which Dr. LU Hua, Mr. HUANG Wei, Mr. MOU Yong and Mr. LIU Chong are the executive directors of the Company, Dr. WU Jiesi and Mr. LIU Shichao are the non-executive directors of the Company and Mr. LI Wai Keung, Mr. WU Wai Chung, Michael and Dr. WONG Yau Kar David are the independent non-executive directors of the Company.

Shenzhen Investment Limited published this content on 08 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 February 2018 15:09:08 UTC.

Original documenthttp://www.shenzheninvestment.com/attachment/2018020817170100003047068_en.pdf

Public permalinkhttp://www.publicnow.com/view/160224CA8794DA25319D21F4B987D82B165F9F2F