Tian Lun Gas announces additional share buyback; 0.81 million shares now pending cancellation

Bulletin Express04-02

Tian Lun Gas Holdings Limited disclosed in its latest Next Day Disclosure Return (dated 2 April 2026) that it repurchased 194,000 ordinary shares on 2 April 2026 via on-exchange transactions at prices between HKD 2.87 and HKD 2.93 per share, for a total consideration of approximately HKD 0.57 million.

Including this transaction, the company has bought back 810,000 shares over three consecutive trading days—300,000 shares on 31 March, 316,000 shares on 1 April, and the latest 194,000 shares on 2 April—representing a combined 0.08% of its 975.20 million issued shares. All repurchased shares are designated for cancellation and have not yet been removed from the share capital register.

Despite the buybacks, Tian Lun Gas’s issued share capital remains unchanged at 975.20 million shares pending the formal cancellation process. The purchases were executed under the general mandate approved on 29 May 2025, which authorises the company to repurchase up to 98.19 million shares. To date, 7.50 million shares (0.76% of the issued share base at the mandate date) have been repurchased under this authorisation. Following the latest transaction, the company is subject to a 30-day moratorium on new share issues or treasury share disposals until 2 May 2026.

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