Vcredit extends long stop date for BPG acquisition to March 2026

Vcredit Holdings Limited has extended the long stop date for its acquisition of up to 100% of Banco Português de Gestão, S.A. The original long stop date for satisfying the regulatory condition was 4 November 2025. Due to additional time required, the company and the sellers have agreed to extend this date by an additional four months to 4 March 2026. All other terms and conditions of the sale and purchase agreement remain unchanged.

Shareholders and potential investors are advised to exercise caution. The completion of the acquisition is subject to the satisfaction or waiver of conditions precedent, meaning the acquisition may or may not proceed. This announcement builds on previous communications from 5 May 2023 and 1 April 2025 concerning the acquisition.

The board of Vcredit Holdings Limited, chaired by ma ting hung, includes executive directors liu sai wang stephen, liu sai keung thomas, and xue lan, alongside non-executive director yip ka kay, and independent non-executive directors chen derek, chen penghui, and fang yuan. This update was issued from Hong Kong on 31 October 2025.