Veeko International : GRANT OF SHARE OPTIONS (in PDF)

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.

VEEKO INTERNATIONAL HOLDINGS LIMITED 威高國際控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1173)

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 Veeko International Holdings Limited (the "Company") hereby announces that on 9 January 2017, the Company granted share options (the "Options") to subscribe for a total of 6,000,000 ordinary shares of HK$0.01 each in the share capital of the Company (the "Share(s)") under its share option scheme adopted by the Company on 30 August 2013 (the "Scheme") to certain Eligible Participants (as defined in the rules of the Scheme) (the "Grantees"), subject to the acceptance of the Grantees. Details of such grant are set out below:

Date of offer of grant: 9 January 2017

Closing price of the Shares on the date of offer of grant: HK$0.176

Exercise price of the Options granted: HK$0.1832 per Share

Number of the Options granted: 6,000,000

Validity period of the Options:

Number of Options Vesting period Exercise period

3,000,000 9 January 2017 to 9 January 2020 to

8 January 2020 8 January 2022

3,000,000 9 January 2017 to 9 January 2022 to

8 January 2022 8 January 2024

The Options shall entitle the Grantees to subscribe for Shares upon exercise of such Options at an exercise price of HK$0.1832 per Share which shall not be less than the highest of: (1) the closing price of the Shares as stated in the Stock Exchange's daily quotations sheet on the date of the offer of grant of the Options; (2) the average closing price of the Shares as stated in the Stock Exchange's daily quotations sheets for the five trading days immediately preceding the date of the offer of grant of the Options; and (3) the nominal value of the Shares.

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

Veeko International Holdings Limited Wong Chi Ying

Company Secretary

Hong Kong, 9 January 2017

As at the date of this announcement, the Board comprises two executive directors, namely, Mr. Cheng Chung Man, Johnny (Chairman) and Ms. Lam Yuk Sum, and three independent non-executive directors, namely, Dr. Fok Kam Chu, John, Mr. Lam Man Tin and Mr. Yeung Wing Kay.