The board of directors of Bingo Group Holdings Limited informed the shareholders of the company and potential investors that based on the preliminary assessment of the consolidated management accounts of the Group, the valuation report of the fair value of the share options, and information currently available, the group is expected to record a significant increase in loss attributable to the owners of the company for the three months ended 30 June 2014 as compared with the corresponding period in 2013, mainly attributed to the recognition of share-based payment expenses, which is a non-cash expense, as a result of the share options granted by the company in April 2014.