Scholar Education adds 1.68 million shares to award scheme, lifting trust’s stake to 7.34%

Bulletin Express07-24

Scholar Education Group said its trustee bought 1.68 million shares on-market on 24 July 2026 under the company’s share award scheme, expanding the scheme’s holding to 49.48 million shares, or 7.34% of total shares in issue.

The latest purchase was executed at an average price of HK$1.02 per share, for a total consideration of about HK$1.72 million. The block represents roughly 0.25% of Scholar Education’s issued share capital.

Since the scheme’s inception, cumulative purchases have reached HK$65.44 million, translating to an average acquisition cost of HK$1.32 per share.

Management reiterated that the current market price undervalues the company’s fundamentals and described the repurchases as preparation for future grants to selected participants. The board will continue to review market conditions and determine subsequent awards and vesting terms at its discretion.

Chairman and Executive Director: Chen Qiyuan Chief Executive Officer: Qi Mingzhi Announcement date: 24 July 2026

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