SCHOLAR EDU buys 135,000 shares for HK$0.10 million to fund Share Award Scheme

Bulletin Express10-14

Scholar Education Group (SCHOLAR EDU) reported that its scheme trustee purchased 135,000 shares on 14 October 2026 under the company’s Share Award Scheme. The on-market transaction was executed at an average price of HK$0.75 per share, bringing the cash outlay to approximately HK$0.10 million, excluding transaction costs.

The shares acquired represent about 0.02% of the company’s issued share capital. Following the purchase, the trustee holds 52.37 million shares, equivalent to 7.77% of total shares outstanding.

Management reiterated that the current share price undervalues the company’s fundamentals and confirmed that additional market purchases may be instructed “as and when appropriate” to support future share-based awards. The board will determine the volume and vesting conditions of any future grants at its discretion.

No changes to board composition were announced. Chairman and Executive Director Chen Qiyuan signed off on the disclosure dated 14 October 2026.

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