Pacific Basin buys back 1.48 million shares for HK$4.18 million, equivalent to 0.03% of share capital

Bulletin Express06-10

Pacific Basin Shipping Limited disclosed on 10 June 2026 that it repurchased 1.48 million ordinary shares on the Hong Kong Stock Exchange the same day.

• Transaction details – Method: On-market repurchase – Volume: 1,478,000 shares – Price range: HK$2.80–HK$2.85 per share – Volume-weighted average price: HK$2.8268 per share – Aggregate consideration: HK$4.18 million

• Capital impact – Shares repurchased represent 0.03% of the company’s 5.17 billion issued shares (excluding treasury shares) prior to the transaction. – All repurchased shares are earmarked for cancellation; no treasury shares will be held. – Following cancellation, the issued share count will fall by 1.48 million shares to approximately 5.165 billion.

• Repurchase authority – The buy-back was executed under the mandate approved on 22 April 2026, which allows repurchase of up to 516.67 million shares. – Cumulative usage of the mandate now totals 1.48 million shares, leaving a balance of roughly 515.19 million shares, or 99.71% of the original limit.

The company confirmed that the transaction complied with Hong Kong Listing Rules and that there have been no material changes to the explanatory statement issued on 19 March 2026.

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