SECURITIES (DISCLOSURE OF INTERESTS) DAILY SUMMARIES - (GEM) PRINTED: 24/05/02 PAGE: 1
DIRECTORS'/CHIEF EXECUTIVES' NOTIFICATIONS REPORT - B
(GRANTS, ASSIGNMENTS AND EXERCISES OF RIGHTS)
STOCK NAME : Smartech (08068)
Director/Chief Executive G/E Class Company Name Quantity Exercise Period Ex. Price Consideration Note
------------------------------------ --- --------------- ------------------------------- ------------------ --------------- ---------- --------------- -----------
LAW MAN MING G ORD SMARTECH DIGITAL MANUFACTURING- 80,000,000 040502-030505 0.050 0 N4
HOLDINGS LIMITED
TANG KWOK YUEN G ORD SMARTECH DIGITAL MANUFACTURING- 80,000,000 040502-030505 0.050 0 N4
HOLDINGS LIMITED
***** END OF REPORT *****
Notes:
N1 Montgomery Properties Holding Limited is formerly known as
Montgomery Property Limited.
N2 Please refer to the Company announcement of 9 May 2002.
N3 On 15 May 2002 Diamonds and Pearls Limited ("D&P") entered into an
agreement with New Universe Enterprises Limited ("NUEL"), pursuant
to which D&P has agreed to sell and NUEL has agreed to purchase
1,363,000,000 shares of HK$0.005 each in the capital of Smartech
Digital Manufacturing Holdings Limited (each a "Share") for a
consideration of HK$0.013 per share.
On 15 May 2002, D&P entered into a placing agreement with Taifair
Securities Limited ("Taifair"), pursuant to which Taifair has agreed,
as agent of D&P, procure the placing of 593,000,000 Shares to placers
who are independent of and not connected with any directors, chief
executive, management shareholders or substantial shareholders of
Smartech, NUEL, New Universe Holdings Limited, their respective
subsidiaries or associates (as defined in the GEM Listing Rules),
failing which, Taifair shall purchase these Shares as principal. For
details, please refer to the Company's announcement of 17 May 2002.
N4 Amendment. The exercise period for the said options should be from
4 May 2002 to 3 May 2005.
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