AMTD International Inc. Announces Private Placement Financings and Appointment of New Director and Officer

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 group, today announced (i) the sale and issuance of an aggregate of 7,307,692 Class A ordinary shares and 4,526,627 Class B ordinary shares, both with par value US$0.0001 per share, for an aggregate amount of US$100 million (representing a per share price of US$8.45) to Value Partners Greater China High Yield Income Fund, Asian Harvest Investments Limited and Infinity Power Investments Limited, and (ii) the sale and issuance of convertible note due 2023 (the “Note”) in an aggregate principal amount of US$15 million to Value Partners Greater China High Yield Income Fund, all in the form of private placement pursuant to an exemption from registration with the SEC under the Securities Act of 1933, as amended (the “Securities Act”). Infinity Power Investments Limited is a British Virgin Islands company wholly owned by Calvin Choi, the Company’s chairman of the board of directors and chief executive officer.