TIDMGVMH 
 
London, 9 June 2020 
 
                        Grand Vision Media Holdings plc 
                          ( "GVMH" or the "Company") 
 
                            Corporate Consolidation 
 
The directors of GVMH announce the following update. 
 
The group has undertaken some consolidation of the group structure, which has 
resulted in some intermediate holding companies, Grand Vision Communications 
Limited and Billion Wise Investments Limited, being removed. These two 
companies were non-trading holding companies, and therefore this change has no 
effect on the group's operations. 
 
As part of this exercise, the two external minority shareholders of Grand 
Vision Communications Ltd have decided to divest their respective holdings, and 
have agreed to sell their shareholdings to the group for a nominal 
consideration of US$1 each, following a decision by them to concentrate on 
their other respective business interests. This has the result of removing the 
minority interests in this part of the group only. 
 
The Directors accept responsibility for this announcement. 
 
For more information: 
 
Grand Vision Media Holdings plc                   http://gvmh.co.uk/ 
 
Jonathan Lo, Director                             Tel: +44 (0) 20 7866 2145 
                                                  or info@gvmh.co.uk 
 
Alfred Henry Corporate Finance Ltd 
 
Nick Michaels / Jon Isaacs                        Tel: +44 (0) 20 3772 0021 
                                                  or enquiries@alfredhenry.com 
 
                                   - ENDS - 
 
 
 
END

(END) Dow Jones Newswires

June 09, 2020 07:29 ET (11:29 GMT)

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