Global Brands Group Holding Limited Board announced that the special dividend to be paid from the proceeds of the sale of the Target Business shall be HKD 2.4 billion, representing HKD 0.28 per share, which shall be payable in cash. The dividend is based on the anticipated final purchase price of USD 1.2 billion as disclosed in the company's circular dated 18 July 2018 and the Company's further announcement dated 28 November 2018. The Special Dividend has been adjusted proportionately to take into account the adjustments made to the original purchase price of USD 1.38 billion for the Target Business. While the process of finalising the purchase price is ongoing in accordance with the terms of the Sale and Purchase Agreement, the company does not expect any additional changes to the final purchase price (if any) to be material. In order to qualify for the Special Dividend, Shareholders should ensure that all transfers accompanied by the relevant transfer certificates are lodged with the company's Hong Kong branch share registrar, Tricor Investor Services Limited, at Level 22, Hopewell Centre, 183 Queen's Road East, Hong Kong, for registration not later than 4:30 p.m. on 6 March 2019. Despatch of dividend cheques and/or definitive share certificates on 4 April 2019.