joint announcement conditional mandatory

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.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or
subscribe for the securities of Ports Design Limited.
BLUESTONE GLOBAL HOLDINGS LIMITED
(Incorporated in the British Virgin Islands with limited liability)
PORTS DESIGN LIMITED
寶姿時裝有限公司*
(Incorporated in Bermuda with limited liability)
(Stock Code: 0589)
JOINT ANNOUNCEMENT
CONDITIONAL MANDATORY GENERAL CASH OFFERS BY
SOMERLEY CAPITAL LIMITED
ON BEHALF OF THE OFFEROR TO ACQUIRE
ALL OF THE ISSUED SHARES OF
PORTS DESIGN LIMITED
HELD BY SHAREHOLDERS OF
PORTS DESIGN LIMITED AND TO CANCEL
ALL THE OUTSTANDING OPTIONS OF
PORTS DESIGN LIMITED
Financial Adviser to Bluestone Global Holdings Limited
Independent Financial Adviser to the Independent Board Committee
Reference is made to the joint announcement dated 7 January 2015 issued by Bluestone Global
Holdings Limited (the ‘‘Offeror’’) and Ports Design Limited (‘‘PDL’’) in relation to the conditional
mandatory general cash offers to acquire all the issued shares of PDL (other than those already owned
by the Offeror and parties acting in concert with it) and to cancel all the outstanding options of PDL
(the ‘‘Previous Announcement’’). Unless otherwise defined herein or the context otherwise requires,
capitalised terms and expressions used in this announcement have the respective meanings given to
them in the Previous Announcement.
*
for identification purpose only
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NO INCREASE STATEMENT
The Offeror announces that the Offer Price in respect of the Share Offer will remain at HK$3.00 per
PDL Share and will not be increased, and the Offeror does not reserve the right to do so.
PDL Shareholders and investors should be aware that, following the making of such statement, the
Offeror will not be allowed to increase the Offer Price save in wholly exceptional circumstances, as
provided in Rule 18.3 of the Code.
By order of the board of
Bluestone Global Holdings Limited
Edward Tan
Director
By order of the board of
Ports Design Limited
Alfred Chan
Executive Director
Hong Kong, 23 January 2015
As at the date of this announcement, the executive PDL Directors are Mr. Alfred Chan, Mr. Pierre Bourque and Mr. He
Kun, and the independent non-executive PDL Directors are Mr. Lin Tao, Mr. Antonio Gregorio and Mr. Zheng Wanhe. The
PDL Directors jointly and severally accept full responsibility for the accuracy of the information contained in this
announcement (other than information relating to the Offeror or any of its associates or any parties acting in concert with
any of them) and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in
this announcement (other than opinions expressed by the Offeror or any of its associates or any parties acting in concert
with any of them) have been arrived at after due and careful consideration and there are no other facts not contained in
this announcement the omission of which would make any statement in this announcement misleading.
As at the date of this announcement, the directors of the Offeror are Mr. Alfred Chan and Mr. Edward Tan. The directors
of the Offeror jointly and severally accept full responsibility for the accuracy of the information contained in this
announcement (other than information relating to the Group) and confirm, having made all reasonable inquiries, that to the
best of their knowledge, opinions expressed in this announcement (other than opinions expressed by the Group) have been
arrived at after due and careful consideration and there are no other facts not contained in this announcement the omission
of which would make any statement in this announcement misleading.
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