Very Substantial Acquisition including a Potential Share Transaction for PYE; Deemed Very Substantial Disposal and Potential Discloseable Transaction for PYI – Proposed Placing of New Shares by PYE requiring a Specific Mandate from PYE Shareholders, and constituting a Deemed Very Substantial Disposal for PYI; Proposed Film Joint Venture between PYE, Legendary and Huayi constituting a Very Substantial Acquisition for PYE and including a Potential Share Transaction for PYE; Proposed Capital Reduction by PYE and Proposed Distribution in Specie by PYE of a 49% Interest in its Existing Businesses, with the Offer of a Cash Alternative provided by PYI constituting a Potential Discloseable Transaction for PYI; Proposed Special Cash Dividend by PYE of HK$0.25 per Share with a Scrip Alternative