OSL GROUP (00863) announced that all preconditions under the sale and purchase agreement have been fulfilled, and completion was finalized on September 22, 2025, in accordance with the terms and conditions of the agreement.

Following completion and as of the announcement date, the company indirectly holds 90% of the total issued shares of the target company. The target company holds 95% of the issued shares of subsidiary company 1 and 99% of the issued shares of subsidiary company 2, respectively. Consequently, the target company and its subsidiaries have each become indirect non-wholly owned subsidiaries of the company, and the financial results of the target group will be consolidated into the group's consolidated financial statements.

Under the sale and purchase agreement, the company has allotted and issued 9.2662 million consideration shares to the seller at an issue price of HK$12.68 per consideration share. This represents approximately 1.24% of the company's enlarged issued share capital immediately following the allotment and issuance of the consideration shares.