Lianlian cuts net outstanding H-shares by 12,500 after option exercise and HK$0.99 million on-market buyback

Bulletin Express04-15 21:43

Lianlian DigiTech Co., Ltd. reported two simultaneous capital movements on 15 April 2026:

• Option exercise: 150,000 new H-shares were issued at RMB 2.96 per share under the 2021 Pre-IPO Share Option Scheme, increasing the share base by 0.0341%.

• Share repurchase: 162,500 H-shares were bought back on the Hong Kong Stock Exchange at a volume-weighted average price of HK$6.14 (price range: HK$6.09–HK$6.15), costing HK$0.99 million and reducing the share base by 0.0369%.

Net impact After offsetting the two transactions, the company’s issued H-shares (excluding treasury shares) fell by 12,500 to 440.42 million, a marginal decline of 0.0028%. Treasury shares rose to 24.81 million.

Repurchase mandate utilisation • Shares authorised for buyback: 41.79 million • Cumulative repurchased to date: 24.04 million, representing 5.75% of the share count on the mandate date (6 June 2025). • Moratorium: No new share issues or treasury-share sales may occur before 15 May 2026 without prior Exchange approval.

Share capital snapshot (15 April 2026) Total issued shares (including treasury): 465.24 million Issued shares outstanding (ex-treasury): 440.42 million Treasury shares on hand: 24.81 million

The board confirms all actions complied with Hong Kong listing rules and relevant regulations.

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