National Electronics Holdings Limited (National Elec H) has lowered its outstanding share capital after cancelling 44,000 ordinary shares that had been repurchased in April 2026. The cancellation, completed on 29 May 2026, trimmed the company’s issued share base to approximately 912.63 million shares from 912.68 million, representing a marginal 0.005 per cent reduction.

In addition, 106,000 repurchased shares—equivalent to 0.0116 per cent of the latest issued capital—remain to be cancelled at the same volume-weighted average repurchase price of HKD 0.39 per share. These shares were bought back on 15 May 2026.

Under the general mandate approved on 26 August 2025, the company is authorised to repurchase up to 91.50 million shares. To date, 2.47 million shares have been repurchased on the Hong Kong Stock Exchange, representing 0.27 per cent of the issued share capital on the mandate date. Following the recent buybacks, National Electronics is subject to a 30-day moratorium—lasting until 14 June 2026—during which it may not issue new shares or transfer any treasury shares without prior Exchange approval.

Post-cancellation, National Electronics’ total number of issued ordinary shares stands at 912.63 million, with no treasury shares held. The company confirmed that all repurchases were executed in compliance with Hong Kong’s Main Board Listing Rules and that no material changes have been made to the explanatory statement filed on 31 July 2025.