Chervon executes HK$9.76 million on-market share purchase for employee scheme

Bulletin Express03-31

Chervon Holdings Limited (Chervon) disclosed that the trustee of its share scheme acquired 600,000 ordinary shares on 31 March 2026 to support future awards under the plan.

The shares were bought on-market at an average price of HK$16.27, bringing the cash outlay—excluding levies, brokerage and taxes—to HK$9.76 million.

Following the transaction, the trustee’s holding rose from 5.02 million shares (approximately 0.9830 % of Chervon’s issued share capital) to 5.62 million shares (about 1.1004 %).

Chervon’s board noted that, in line with the rules of the share scheme approved in early 2024, it may instruct the trustee to carry out additional market purchases and will determine future share awards and vesting conditions at its discretion.

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