NetDragon (00777) Updates on Share Repurchase and Treasury Shares

Bulletin Express
2025/10/21

NetDragon Websoft Holdings Limited (00777) disclosed that on 21 October 2025 the company repurchased 100,000 of its ordinary shares at a volume-weighted average price of HKD 12.5722 per share, representing approximately 0.0189% of its issued shares excluding treasury shares prior to the repurchase.

Following this transaction, the company’s issued shares (excluding treasury shares) stood at 528,500,033, while treasury shares amounted to 2,762,500. The total number of issued shares remained 531,262,533. The aggregate price paid for this batch of repurchased shares totaled HKD 1,257,220, with the highest and lowest repurchase prices recorded at HKD 12.68 and HKD 12.4, respectively.

The repurchase fell under a mandate dated 05 June 2025, authorizing up to 53,126,253 shares to be repurchased. Up to the reporting date, the company had repurchased 2,762,500 shares under this mandate, representing about 0.52% of the issued shares as at the date of the resolution. The company indicated a moratorium period up to 20 November 2025 for any new share issuance or the sale or transfer of treasury shares after this repurchase transaction.

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