AMTD International Inc. Announces Full Exercise of Over-Allotment Option

HONG KONG--(BUSINESS WIRE)--AMTD International, Inc. (“AMTD” or the “Company”) (NYSE: HKIB), a subsidiary of AMTD Group, a premier Hong Kong-headquartered financial institution, Asia’s No. 1 independent investment banking firm1 and Asia’s No. 1 independent asset management firm in serving both PRC regional banks and new economy companies2, today announced that the underwriters of the Company’s initial public offering (the “IPO”) have exercised in full their over-allotment option to purchase an additional 3,113,955 American depositary shares (“ADSs”) from the Company at the IPO price of US$8.38 per ADS. After giving effect to the exercise of the option, AMTD has issued and sold a total of 23,873,655 ADSs in the IPO, for total gross proceeds of approximately US$200 million.