Reference is made to the circular (the ‘‘Circular’’) dated 11 July 2018 and the announcement (the ‘‘Announcement’’) dated 31 July 2018 issued by Prosper One International Holdings Company Limited (the ‘‘Company’’, together with its subsidiaries, the ‘‘Group’’) in relation to the issue of convertible notes under specific mandate. Capitalised terms used in this announcement shall have the same meanings as those defined in the Circular unless the context requires otherwise.
As disclosed in the Announcement, the Company completed the issue of the first tranche of the Notes to the Subscriber in the principal amount of HK$40,000,000 on 31 July 2018.
The board of directors of the Company (the ‘‘Board’’) wishes to announce that the Company had served a notice to the Subscriber to early redeem the first tranche of the Notes pursuant to the terms thereof and the Notes have been fully redeemed on 19 October 2018.