Mongolian Mining (00975) Repurchases 396,000 Shares on 19 Mar; Cumulative Buy-backs Reach 5.26 Million under 2025 Mandate

Bulletin Express
03/19

Mongolian Mining Corporation (stock code: 00975) disclosed a Next Day Disclosure Return and Repurchase Report dated 19 March 2026, detailing its latest on-market share buy-back activity.

Key takeaways:

• Latest transaction: On 19 March 2026 the company repurchased 396,000 ordinary shares on the Hong Kong Stock Exchange at prices between HK$10.33 and HK$10.53, for a total consideration of HK$4.14 million.

• Pending cancellation: The 396,000 shares bought on 19 March, together with 498,000 shares repurchased on 18 March at an average HK$10.506, remain in the process of being cancelled. Consequently, the issued share capital stood unchanged at 1,036.97 million shares as of 19 March 2026.

• Mandate utilisation: Since receiving shareholder approval on 26 May 2025 to buy back up to 103.35 million shares, the company has repurchased an aggregate 5.26 million shares, representing 0.51% of the shares outstanding on the mandate date.

• Moratorium: In line with Hong Kong Listing Rules, the company is restricted from issuing new shares or selling treasury shares until 18 April 2026, being 30 days after the latest repurchase.

All repurchases were executed in accordance with the Main Board Listing Rules, and the company confirmed receipt of all funds and compliance with regulatory requirements.

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