NetDragon (00777) Announces Share Repurchase and Updated Share Capital

Bulletin Express
2025/10/27

NetDragon Websoft Holdings Limited (stock code: 00777) disclosed a next day return indicating a repurchase of 100,000 ordinary shares on 27 October 2025. According to the submission date of 27 October 2025, the highest and lowest prices per share were HKD 12.93 and HKD 12.77, respectively, with a total consideration of HKD 1,286,040. The repurchased shares have been added to treasury shares.

Prior to this transaction, the company held 528,400,033 issued shares (excluding treasury shares) and 2,862,500 as treasury shares, making the total number of shares 531,262,533 as of 22 October 2025. Following the repurchase, the number of issued shares (excluding treasury shares) became 528,300,033, while treasury shares stood at 2,962,500, leaving the total unchanged at 531,262,533.

The repurchase was conducted under a mandate approved on 05 June 2025, authorizing the company to buy back up to 53,126,253 shares. To date, 2,962,500 shares have been repurchased under this mandate, representing approximately 0.5576% of the total issued shares (excluding treasury shares) as at the date of the resolution. In line with relevant guidelines, no new issue of shares, or sale or transfer of treasury shares, may be undertaken until 26 November 2025 without prior approval from the Stock Exchange of Hong Kong. The company stated that the repurchases were conducted in accordance with the applicable regulations.

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