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.

Wise Talent Information Technology Co., Ltd

有才天下信息技術有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 6100)

GRANT OF SHARE OPTIONS

The Board announces that on 20 November 2019, a total of 1,250,000 Share Options were granted to certain eligible participants pursuant to the Post-IPO Share Option Scheme to subscribe for a total of 1,250,000 Shares.

Grant of Share Options

According to Rule 17.06A of the Listing Rules, details of the grant of Share Options under the Post-IPO Share Option Scheme are set out as follows:-

1. Date of grant

20 November 2019

2. Exercise price of Share Options

HK$18.22. The exercise price of HK$18.22

granted

per Share represents the highest of (i) the

closing price of HK$18.22 per Share as stated

in the daily quotation sheet issued by the Stock

Exchange on the date of the grant; (ii) the

average closing price of HK$18.172 per Share

as stated in the daily quotation sheets issued by

the Stock Exchange for the five trading days

immediately preceding the date of grant; and

(iii) the nominal value of the Share, which is

US$0.0001

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3.

Total number of Share Options

1,250,000

granted

4.

Total number of Shares to be

1,250,000

issued upon exercise of the Share

Options in full

5.

Closing price of Share on date of

HK$18.22

grant

6.

Average closing price of the

HK$18.172

Shares for the five trading days

immediately preceding the date

of grant

7.

Validity period of Share Options

10 years from date of grant, i.e. from 20

November 2019 to 19 November 2029

8.

Vesting dates of Share Options

50% of Share Options shall vest on 20 November

2021, 25% of Share Options shall vest on 20

November 2022 and 25% of Share Options shall vest on 20 November 2023

General

None of the grantees of the Share Options is a Director, chief executive or substantial shareholder of the Company or an associate of any of them.

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DEFINITIONS

In this announcement, unless the context otherwise requires, the following terms shall have the following meanings:

"associate(s)"

has the meaning ascribed thereto under the Listing Rules

"Board"

the board of Directors

"Company"

Wise Talent Information Technology Co., Ltd (stock

code: 6100), an exempted company with limited liability

incorporated under the laws of the Cayman Islands on 30

January 2018, the shares of which are listed on the Main

Board of the Stock Exchange

"Director(s)"

director(s) of the Company

"HK$"

Hong Kong dollar(s), the lawful currency of Hong Kong

"Hong Kong"

the Hong Kong Special Administrative Region of the People's

Republic of China

"Listing Rules"

the Rules Governing the Listing of Securities on The Stock

Exchange of Hong Kong Limited, as amended from time to

time

"Post-IPO Share Option

the share option scheme approved and adopted by the

Scheme"

Company on 9 June 2018

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"Shares"

ordinary share(s) in the share capital of the Company,

currently of nominal value US$0.0001 each

"Share Options"

option(s) granted under the Post-IPO Share Option Scheme to

purchase the Shares

"Stock Exchange"

The Stock Exchange of Hong Kong Limited

By Order of the Board

Wise Talent Information Technology Co., Ltd

Dai Kebin

Chairman

PRC, 20 November 2019

As at the date of this announcement, the executive Directors of the Company are Mr. DAI Kebin, Mr. CHEN Xingmao and Ms. XU Lili; the non-executive Directors of the Company are Mr. SHAO Yibo, Mr. ZUO Lingye and Mr. DING Gordon Yi; and the independent non-executive Directors of the Company are Mr. YE Yaming, Mr. ZHANG Ximeng and Mr. CHOI Onward.

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Wise Talent Information Technology Co. Ltd. published this content on 20 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 November 2019 13:19:02 UTC