Lianlian DigiTech Issues 0.74 Million New H-Shares on Option Exercises, Repurchases 0.63 Million Shares

Bulletin Express03-31

On 31 March 2026, Lianlian DigiTech Co., Ltd. (LIANLIAN) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange detailing concurrent share issuance under employee option schemes and an on-market share repurchase.

Share issuance • 735,000 new H-shares were allotted following option exercises under the 2021 and 2023 Pre-IPO Share Option Schemes (non-director participants). • The exercise prices were RMB 2.96 and RMB 5.00 per share, respectively. • The new shares expanded outstanding share capital (excluding treasury shares) by 0.17 % to 442.83 million shares.

Share repurchase • On 31 March 2026 the company bought back 628,000 H-shares on the Exchange at prices between HKD 5.71 and HKD 6.09, for a volume-weighted average of HKD 5.88 and a total consideration of HKD 3.69 million. • The repurchased shares have been classified as treasury stock, lifting the treasury share balance to 22.23 million. • Cumulative repurchases under the shareholder mandate dated 6 June 2025 now stand at 21.46 million shares, representing 5.13 % of the share count outstanding on the mandate date. The company is restricted from issuing or selling treasury shares until 30 April 2026.

Post-transaction capital structure (31 March 2026) • Issued shares (excluding treasury shares): 442.83 million (net increase of 107,000 shares versus 30 March 2026). • Treasury shares: 22.23 million. • Total issued shares (including treasury shares): 465.05 million.

All corporate actions were authorised by the board and carried out in accordance with Hong Kong listing rules and applicable regulations.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment