Celestia BidCo Limited and ANE (Cayman) Inc. (9956) Joint Announcement: No Increase in Share Alternative Cap

Bulletin Express12-04

Celestia BidCo Limited (the “Offeror”) and ANE (Cayman) Inc. (“ANE,” stock code: 9956) jointly announced that although the Offeror had reserved the right to increase the share alternative cap to up to 88,209,829 Scheme Shares, it has decided not to exercise this discretion. According to the announcement, the share alternative cap will remain at 58,806,553 Scheme Shares, representing approximately 5% of the total issued shares (excluding Treasury Shares) as of the date of the initial 28 October 2025 announcement.

This decision follows a series of related announcements regarding the proposal for delisting ANE by way of a scheme of arrangement under Section 86 of the Companies Act, alongside the Option Offer, RSU Offer, withdrawal of listing, and special deals. Further details—including confirmations of any upcoming procedural steps and the final resolution of the proposal—will be issued jointly if there are any new material developments.

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(9956) Joint Announcement: No Increase in Share Alternative Cap\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2025-12-04 16:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Celestia BidCo Limited (the “Offeror”) and ANE (Cayman) Inc. (“ANE,” stock code: 9956) jointly announced that although the Offeror had reserved the right to increase the share alternative cap to up to 88,209,829 Scheme Shares, it has decided not to exercise this discretion. 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