Essex Bio-Tech repurchases 120,000 shares; treasury stock rises to 0.33 million units

Bulletin Express06-23

Essex Bio-Technology Limited reported a share repurchase of 120,000 ordinary shares on 23 June 2026 via on-market transactions at prices between HKD 2.63 and HKD 2.65, implying a volume-weighted average cost of HKD 2.644 per share. Total consideration amounted to approximately HKD 0.32 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) decreased from 566.80 million to 566.68 million shares, a 0.021% reduction. Treasury shares increased from 0.21 million to 0.33 million, while total issued shares remained unchanged at 567.01 million.

The repurchase was executed under the mandate approved on 26 May 2026, which permits the company to buy back up to 56.70 million shares. Cumulative purchases under this authority now stand at 0.33 million shares, equivalent to 0.06% of the outstanding shares at the mandate date, leaving capacity for a further 56.37 million shares.

In line with Hong Kong Stock Exchange regulations, Essex Bio-Tech is subject to a moratorium on new share issues or sales of treasury shares until 23 July 2026.

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