Atour Lifestyle Reveals Proposed Offering Of 10M ADSs By Entities Affiliated With Legend Capital

Each ADS representing three Class A ordinary shares. The underwriters in the proposed Secondary Offering have a 30-day option to purchase up to 1.50 million additional ADSs from Legend Capital.  

Immediately after the completion of this Secondary Offering, Legend Capital will beneficially own approximately 7.6% of issued and outstanding share capital, assuming the underwriters do not exercise the option to purchase additional ADSs. Hongbin Zhou, a director of company previously appointed by Legend Capital, has tendered his resignation as director, effective upon completion of this Secondary Offering.