Scholar Education ramps up Share Award Scheme with HK$0.71 million on-market share purchase

Bulletin Express
06/10

Scholar Education Group disclosed that the trustee of its Share Award Scheme bought 600,000 shares on-market on 10 June 2026.

• Transaction details – Volume acquired: 600,000 shares, equivalent to approximately 0.09 % of the company’s issued share capital. – Average purchase price: HK$1.18 per share. – Cash consideration: about HK$0.71 million (excluding transaction costs).

• Post-transaction position – Shares now held by the scheme’s trustee: 25.74 million, representing 3.82 % of total shares in issue.

Management views the current market valuation as significantly below intrinsic value and considers the timing favourable for bolstering the share pool available for future awards under the scheme. The board will continue to monitor market conditions and may instruct further purchases, while retaining full discretion over future grants and vesting terms for selected participants.

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