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.

Imperium Group Global Holdings Limited

帝 國 集 團 環 球 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 0776)

CHANGE OF COMPANY NAME

AND

CHANGE IN BOARD LOT SIZE

CHANGE OF COMPANY NAME

The Board proposes to change the English name of the Company from "Imperium Group

Global Holdings Limited" to "Imperium Technology Group Limited", and to adopt and register the Chinese name of "帝國科技集團有限公司" as the dual foreign name of the Company in place of its existing Chinese name of "帝國集團環球控股有限公司".

The EGM will be convened and held for the Shareholders to consider and, if thought fit, approve the Change of Company Name. A circular containing, among other matter, details of the Change of Company Name and a notice convening the EGM to approve the Change of Company Name will be despatched to the Shareholders as soon as practicable.

CHANGE IN BOARD LOT SIZE

The Board also announces that the board lot size for trading of the Shares on the Stock Exchange will be changed from 1,000 Shares each to 500 Shares each with effect from 9:00 a.m. on Wednesday, 2 June 2021. The expected timetable for the Change in Board Lot Size is set out below.

- 1 -

CHANGE OF COMPANY NAME

The Board proposes to change the English name of the Company from "Imperium Group

Global Holdings Limited" to "Imperium Technology Group Limited", and to adopt and register the Chinese name of "帝國科技集團有限公司" as the dual foreign name of the Company in place of its existing Chinese name of "帝國集團環球控股有限公司".

Conditions of the Change of Company Name

The Change of Company Name is subject to the following conditions:

  1. the passing of the necessary special resolution by the Shareholders at the EGM to approve, among others, the Change of Company Name; and
  2. the Registrar of Companies in the Cayman Islands approving the Change of Company Name.

Subject to the satisfaction of the conditions set out above, the Change of Company Name will take effect from the date on which the Registrar of Companies in the Cayman Islands enters the new English name and dual foreign name of the Company on the register of companies in place of the former English name and dual foreign name. The Company will then carry out all necessary filing procedures with the Companies Registry in Hong Kong.

Effect of the Change of Company Name

The Change of Company Name will not affect any rights of the holders of securities of the Company or the Company's daily business operation and its financial position.

All existing Share certificates in issue bearing the present name of the Company shall, after the Change of Company Name becoming effective, continue to be evidence of title to such Shares and the existing share certificates will continue to be valid for trading, settlement, registration and delivery purposes. There will not be any arrangement for exchange of the existing Share certificates. Once the Change of Company Name becomes effective, the Board intends to change the English and Chinese stock short names of the Company accordingly and new share certificates will be issued only in the new name of the Company.

Reason for the Change of Company Name

The Board considers that the Change of Company Name will better reflect the current status of the Group and its direction of future development. The Board believes that the new English and Chinese names of the Company will provide the Company with a new corporate image which will benefit the Company's future business development. Therefore, the Board considers that the Change of Company Name is in the best interests of the Company and the Shareholders as a whole.

- 2 -

GENERAL

The EGM will be convened and held for the Shareholders to consider and, if thought fit, approve the Change of Company Name. In compliance with the Listing Rules, all resolutions will be voted on by way of a poll at the EGM. To the best of the Directors' knowledge, information and belief having made all reasonable enquiries, no Shareholders are required to abstain from voting on the resolutions to be proposed at the EGM.

A circular containing, among other matter, details of the Change of Company Name and a notice convening the EGM to approve the Change of Company Name will be despatched to the Shareholders as soon as practicable.

CHANGE IN BOARD LOT SIZE

The Board also announces that the board lot size for trading of the Shares on the Stock Exchange will be changed from 1,000 Shares each to 500 Shares each with effect from 9:00 a.m. on Wednesday, 2 June 2021. The free exchange of share certificates will commence on Tuesday, 18 May 2021. Please see below for further details on free exchange of share certificates.

REASONS FOR CHANGE IN BOARD LOT SIZE

The Shares are currently traded in board lots of 1,000 Shares each. The Board expects that the reduction in board lot size will lower the threshold for investors to purchase the Shares, thus facilitating the trading and improving the liquidity of the Shares, which will enable the Company to attract more investors and therefore broaden the shareholders' base of the Company. Upon the Change in Board Lot Size becoming effective, the Shares shall be traded in board lots of 500 Shares each.

The Change in Board Lot Size will not result in any change in the relative rights of the Shareholders. As no odd lots of the Shares will result from the Change in Board Lot Size, no odd lot arrangement is required to be made to match the sales and purchases of odd lots. The Board considers that the Change in Board Lot Size to be in the interest of the Company and the Shareholders as a whole.

- 3 -

EXPECTED TIMETABLE

The expected timetable for the Change in Board Lot Size is set out below:

Event

Hong Kong Date and Time

First day of free exchange of existing share certificates in board lots of 1,000 Shares each for new share

certificates in board lots of 500 Shares each. . . . . . . . . . . . . . . . . . . Tuesday, 18 May 2021

Last day for trading of the Shares in board lots of

1,000 Shares in the original counter. . . . . . . . . . . . . . . . . . . . . . . . . . Tuesday, 1 June 2021

Effective date of the Change in Board Lot Size from

1,000 Shares to 500 Shares each . . . . . . . . . . . . . . . . . . . . . . . . . .Wednesday, 2 June 2021

Original counter for trading in the Shares

in board lots of 1,000 Shares each becomes a counter for trading in the Shares in

board lots of 500 Shares each. . . . . . . . . . . . . . . . . . . . 9:00 a.m., Wednesday, 2 June 2021

Temporary counter for trading in the Shares

in board lots of 1,000 each opens . . . . . . . . . . . . . . . . . 9:00 a.m., Wednesday, 2 June 2021

First day of parallel trading in the Shares (in board lots of 1,000 Shares each and

board lots of 500 Shares each) . . . . . . . . . . . . . . . . . . . 9:00 a.m., Wednesday, 2 June 2021

Temporary counter for trading in the Shares

in board lots of 1,000 Shares each closes . . . . . . . . . . 4:10 p.m., Wednesday, 23 June 2021

Last day of parallel trading in the Shares (in board lots of 1,000 Shares each and

board lots of 500 Shares each). . . . . . . . . . . . . . . . . . 4:10 p.m., Wednesday, 23 June 2021

Last day (and latest time for submission of share certificates to the Share Registrar) for free exchange of existing share certificates in board lots of 1,000 Shares each for new share certificates

in board lots of 500 Shares each.. . . . . . . . . . . . . . . . . . . . 4:30 p.m., Friday, 25 June 2021

- 4 -

FREE EXCHANGE OF SHARE CERTIFICATES

Shareholders of the Company may submit their existing share certificates in board lots of 1,000 Shares each to the Share Registrar at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong, in exchange for new share certificates in board lots of 500 Shares each free of charge during business hours from 9:00 a.m., Tuesday, 18 May 2021 to 4:30 p.m., Friday, 25 June 2021 (both days inclusive). After the expiry of such period, existing share certificates will be accepted for exchange only on payment of a fee of HK$2.50 (or such higher amount as may from time to time be specified by the Stock Exchange) for each new share certificate in board lots of 500 Shares each issued or each existing share certificate submitted, whichever number of share certificate involved is higher. It is expected that the new share certificates will be available for collection from the Share Registrar by the shareholders of the Company within 10 Business Days after delivery of the existing share certificates to the Share Registrar for the purpose of exchange.

With effect from Wednesday, 2 June 2021, all new share certificates will be issued in board lots of 500 Shares each (except for odd lots or where the Share Registrar is otherwise instructed). All existing share certificates in board lots of 1,000 Shares each will continue to be good evidence of title to such Shares and be valid for transfer, delivery and settlement purposes. Save and except for the change in the number of Shares for each board lot, the new share certificates (for Shares in board lots of 500 Shares each) will have the same design and colour as the existing share certificates (for Shares in board lots of 1,000 Shares each).

DEFINITIONS

Unless otherwise specified, the following terms have the following meanings in this announcement:

"Board"

the board of Directors

"Business Days"

a day (other than a Saturday, Sunday and public holiday) on which

licensed banks in Hong Kong are open for business throughout their

normal business hours

"Change in Board

the change in board lot size of the Company from 1,000 Shares each

Lot Size"

to 500 Shares each

"Change of

the proposed change of the English name of the Company from

Company Name"

"Imperium Group Global Holdings Limited" to "Imperium

Technology Group Limited" and the adoption of the Chinese

name "帝國科技集團有限公司" as the dual foreign name of the

Company in place of its existing Chinese name "帝國集團環球控

股有限公司"

- 5 -

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Imperium Group Global Holdings Limited published this content on 11 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 11:05:09 UTC.