| With reference to current report No 9/2014 dated 7th May 2014 the Management Board of Peixin International Group N.V. with its incorporated seat in Amsterdam, the Netherland /the "Company"/, hereby informs that on 6th May 2014 it received as well two notices submitted complaint with Article 160 of the Act of 29 July 2005 on Act on Trading in Financial Instruments, concerning transfer by Mr Qiulin Xie /Chief Executive Officer of the Company/ all of his 10,500,000 shares of the Company to his subsidiary P.I. Investment Limited /“P.I. Investment Limited’/, registered and incorporated in Malta. In the first notice, Mr Qiulin Xie informed that as a result of performance of the Contribution Agreement drawn up on 30th April 2014 with authenticated date concluded outside the regulated market, /"the Transaction"/, on 6th May 2014 he has gratuitously disposed of 10,500,000 shares of the Company to P.I. Investment Limited. In the second notice, Mr Qiulin Xie informed that as a result of performance of the Transaction, on 6th May 2014 related person to him in the meaning of Article 160.2 of the Act of 29 July 2005 on Act on Trading in Financial Instruments, i.e. P.I. Investment Limited in which Mr Qiulin Xie holds 100% of voting rights, has gratuitously acquired 10,500,000 shares of the Company which constitutes 80.77% of the total number of votes in the Company. | |
