NetDragon (00777) Announces Share Repurchase Update and Next Day Disclosure Return

Bulletin Express
10/20

According to the latest announcement dated 20 October 2025, NetDragon Websoft Holdings Limited (“NetDragon,” stock code: 00777) repurchased 100,000 ordinary shares on 20 October 2025. The updated figures show a closing balance of 528,600,033 issued shares (excluding treasury shares) and 2,662,500 treasury shares, maintaining a total of 531,262,533 shares.

The disclosed transaction indicates that the company repurchased 100,000 shares at prices ranging between HKD 12.20 and HKD 12.47 per share, with an aggregate consideration of HKD 1,237,000. These repurchased shares are held as treasury shares. The authorization for share repurchases, granted on 05 June 2025, covers up to 53,126,253 shares, of which 2,662,500 shares have been repurchased as of 20 October 2025.

The announcement also states that, in line with the relevant listing rules, there is a 30-day moratorium period—until 19 November 2025—during which no new shares may be issued, nor treasury shares sold or transferred, without final approval. The contents underscore NetDragon’s compliance with the applicable rules for share repurchases and related disclosures.

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