| Pursuant to Article 70.1 of the Act of 29 July 2005 on Public Offering (…), 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 a two notices submitted complaint with Article 69.1 of the Act of 29 July 2005 on Public Offering (...) concerning changes of total votes in the Company. In the first notice, Mr Qiulin Xie /Chief Executive Officer of the Company/ informed that as a result of performance of the Contribution Agreement drawn up on 30th April 2014 with authenticated date concerning transfer of 10,500,000 shares of the Company to his direct subsidiary /"the Transaction"/ i.e. P.I. Investment Limited a limited liability company registered and incorporated in Malta /“ P.I. Investment"/, his direct stake in the Company as the result of the Transaction has decreased on 6th May 2014 to 0 shares. According to the notice received from Mr Qiulin Xie, before the Transaction, he held directly 10,500,000 shares of the Company, which constituted 80.77% share capital of the Company and he was entitled to 10,500,000 votes during a general meeting of the Company, which constituted 80.77% of the total number of votes. After the Transaction, he hold directly 0 shares of the Company, which constituted 0% share capital of the Company and he is directly entitled to 0 votes during a general meeting of the Company, which constituted 0% of the total number of votes. Simultaneously, Mr Qiulin Xie informed that he holds 100% of the voting rights in P.I. Investment Limited, which after Transaction directly holds 10,500,000 shares of the Company. Moreover, Mr Qiulin Xie informed that he is not the party to any arrangement on transfer of the right to exercise voting rights from such shares, referred to in Article 87 Section 1 point 3 letter c) of the Act of 29 July 2005 on Public Offering (…). In the second notice, P.I. Investment informed that its direct stake in the Company as the result of the Transaction on 6th May has increased up to 10,500,000 shares. According to the notice received from P.I. Investment, before the Transaction, P.I. Investment held 0 shares of the Company, which constituted 0% share capital of the Company and it was entitled to 0 votes during a general meeting of the Company, which constituted 0% of the total number of votes. After the Transaction, P.I. Investment holds directly 10,500,000 shares of the Company, which constituted 80.77% share capital of the Company and it is directly entitled to 10,500,000 votes during a general meeting of the Company, which constituted 80.77 of the total number of votes. The P.I. Investment also informed that it does not exclude further increase its stake in the total vote of the Company within 12 months. Simultaneously P.I. Investment informed that Mr Qiulin Xie holds 100% of the voting rights in P.I. Investment Limited. Moreover P.I. Investment informed that neither possess any subsidiaries which hold shares of the Company nor is not the party to any arrangement on transfer of the right to exercise voting rights from such shares, referred to in Article 87 Section 1 point 3 letter c) of the Act of 29 July 2005 on Public Offering (…). | |
