Lufax Holding Ltd, a leading financial services platform, has announced the completion of all pre-conditions for mandatory unconditional cash offers by Morgan Stanley on behalf of the joint offerors. These offers, triggered by the election of a Lufax special dividend, aim to acquire all issued Lufax shares and American Depositary Shares (ADSs), including those to be issued under Lufax's 2014 Share Incentive Plan and 2019 Performance Share Unit Plan, excluding those already owned by the offeror group. Additionally, the offers include the cancellation of all outstanding Lufax options. The pre-conditions, which included approval for listing the new shares and completion of reporting with China's National Development and Reform Commission (NDRC), were met on August 26, 2024. A composite document detailing the offers will be dispatched to shareholders by August 30, 2024. The announcement emphasizes caution for Lufax shareholders and investors when dealing with the company's securities.

Lufax Holding Ltd, a leading financial services platform, has announced the completion of all pre-conditions for mandatory unconditional cash offers by Morgan Stanley on behalf of the joint offerors. These offers, triggered by the election of a Lufax special dividend, aim to acquire all issued Lufax shares and American Depositary Shares (ADSs), including those to be issued under Lufax's 2014 Share Incentive Plan and 2019 Performance Share Unit Plan, excluding those already owned by the offeror group. Additionally, the offers include the cancellation of all outstanding Lufax options. The pre-conditions, which included approval for listing the new shares and completion of reporting with China's National Development and Reform Commission (NDRC), were met on August 26, 2024. A composite document detailing the offers will be dispatched to shareholders by August 30, 2024. The announcement emphasizes caution for Lufax shareholders and investors when dealing with the company's securities.