Truly Int’l Buys Back 1.00 Million Shares at HK$0.89, Lifts 2026 Mandate Usage to 24.42 Million Shares

Bulletin Express
07/10

Truly International Holdings Limited (Truly Int’l) disclosed that it repurchased 1.00 million ordinary shares on 10 July 2026 at HK$0.89 apiece, for a total consideration of HK$0.89 million.

Key details from the Next Day Disclosure Return filed on 10 July 2026:

1. Latest repurchase • Volume: 1.00 million shares • Purchase method: On-market via the Stock Exchange of Hong Kong • Price: HK$0.89 each (single-price trade) • Cash outflow: HK$0.89 million • Weight: 0.034 % of the 2.95 billion issued shares outstanding before the trade

2. Shares pending cancellation Between 1 June and 10 July 2026 the company bought back 17 tranches totaling 16.41 million shares, all earmarked for cancellation. The volume-weighted average purchase price across these tranches is approximately HK$0.94 per share, implying an aggregate cost of about HK$15.47 million.

3. Cumulative progress under current mandate • Shareholders approved a repurchase mandate on 12 May 2026 for up to 297.13 million shares. • As of 10 July 2026, total buybacks under this mandate amount to 24.42 million shares, equivalent to 0.82 % of issued share capital on the mandate date. • Remaining capacity stands at roughly 272.71 million shares.

4. Share capital position • Opening balance (9 July 2026): 2.95 billion shares. • Closing balance (10 July 2026): unchanged at 2.95 billion shares, as repurchased shares await formal cancellation.

5. Moratorium on new issues Following the latest repurchase, Truly Int’l is restricted from issuing new shares or disposing of treasury shares until 9 August 2026, in line with Hong Kong Listing Rule 10.06(3)(a).

The company confirms all repurchases were executed in compliance with Hong Kong Stock Exchange requirements and its filed Explanatory Statement dated 20 April 2026.

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