Playmates Toys trims outstanding shares by 1.87% after cancelling 21.84 million repurchased shares

Bulletin Express06-16

Playmates Toys Limited announced that 21.84 million ordinary shares repurchased between 22 April and 8 June 2026 were cancelled on 16 June 2026, cutting the company’s issued share capital by 1.87% to 1,148.42 million shares.

The cancelled shares were bought back at a volume-weighted average price of HKD0.4835.

An additional 0.59 million shares, acquired between 9 June and 16 June 2026 at prices ranging from HKD0.4750 to HKD0.4800, remain pending cancellation. These shares represent 0.05% of the current outstanding total.

On 16 June 2026 the company repurchased 28,000 shares on the Hong Kong Stock Exchange at HKD0.48 each, for a total consideration of HKD13,440. All of these shares are earmarked for cancellation.

Under the repurchase mandate approved on 22 May 2026, Playmates Toys is authorised to buy back up to 1,170.26 million shares. Cumulative repurchases under this mandate now stand at 10.02 million shares, equivalent to 0.86% of the share count on the mandate’s approval date.

Pursuant to Hong Kong listing rules, the company is subject to a moratorium on issuing new shares or disposing of treasury shares until 16 July 2026.

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