XIAO NOODLES Keeps Issued Share Base Intact While 22.98 Million Repurchased H-Shares Await Cancellation

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Guangzhou Xiao Noodles Catering Management Co., Ltd. (XIAO NOODLES) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 16 October 2026, detailing the latest progress of its H-share buy-back programme and confirming no immediate change in its outstanding share capital.\n\nKey Share Data\n• Issued shares (excluding treasury shares) stood unchanged at 710.69 million as at both 15 and 16 October 2026.\n• A cumulative 22.98 million H-shares—equal to 3.23 % of the current issued share base—have been repurchased for cancellation since 24 June 2026 but had not yet been cancelled by the reporting date.\n\nLatest Repurchase Activity\n• On 16 October 2026 the company bought back 101,500 H-shares on the Exchange at prices between HKD 3.95 and HKD 4.08, spending HKD 0.40 million. These shares are also earmarked for cancellation.\n• Since the shareholder mandate renewal on 25 June 2026, XIAO NOODLES has repurchased 5.76 million H-shares, representing 0.81 % of the shares outstanding on the mandate date. The mandate permits buy-backs of up to 71.07 million shares.\n• Historical repurchase prices over the period 24 June–16 October 2026 ranged from HKD 3.06 to HKD 4.30 per share.\n\nRegulatory and Corporate Implications\n• The board confirmed that all repurchases complied with Hong Kong listing rules and applicable regulations.\n• Under Main Board Rule 10.06(3)(a), the company is subject to a moratorium on issuing new shares until 15 November 2026.\n\nWith the buy-backs yet to be cancelled, XIAO NOODLES’ headline share count remains at 710.69 million, but the eventual cancellation of the 22.98 million repurchased shares would reduce the public float by roughly 3.2 % once effected.

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