CGII Holdings and Tangde Gas Seek Extension for Mandatory Offer Composite Document

Bulletin Express04-02

China Gas Industry Investment Holdings Co. Ltd. (CGII Holdings) and Tangde Gas Co., Limited jointly announced a delay in sending shareholders the composite document and form of acceptance for the pending conditional mandatory cash offer.

Originally, the Takeovers Code required despatch within 21 days of the 13 March 2026 announcement (on or before 3 April 2026). The parties have applied to the Executive for an extension to no later than 4 May 2026 to finalise the Independent Financial Adviser’s letter and updated group financial information. The Executive has indicated it is minded to grant the requested extension.

The cash offer—being made through First Shanghai Securities Limited on behalf of Tangde Gas—remains subject to conditions and may or may not become unconditional. CGII Holdings advises shareholders and potential investors to exercise caution when dealing in the company’s securities until further notice. A follow-up announcement will be issued once the composite document and accompanying form of acceptance are despatched.

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