NATIONAL ELEC H Repurchases 3.48 Million Shares for HK$1.25 Million; Share Count Steady at 912.07 Million

Bulletin Express
10/22

National Electronics Holdings Limited (abbreviated as “NATIONAL ELEC H”) reported that it bought back 3.48 million ordinary shares on the Hong Kong Stock Exchange between 1 September and 22 October 2026. The aggregate consideration totalled approximately HK$1.25 million, implying a volume-weighted average repurchase price of about HK$0.36 per share.

Key figures • Shares repurchased: 3.48 million, equal to 0.38% of the company’s issued share capital as at the 27 August 2026 mandate date. • Cash outlay: roughly HK$1.25 million, with individual purchase prices ranging from HK$0.35 to HK$0.36. • Remaining authorisation: After the latest transactions, 87.79 million shares (96.2% of the 10% mandate, or 91.26 million shares) remain available for repurchase. • Treasury shares: None. All repurchased shares are intended for cancellation; consequently, the current issued share count of 912.07 million shares is unchanged pending formal cancellation. • Moratorium: Under Hong Kong listing rules, the company is restricted from issuing new shares or selling treasury shares until 21 November 2026.

The repurchase mandate was approved at the shareholders’ meeting on 27 August 2026. Management confirmed that all buybacks complied with Main Board Rule 10.06 and that no material changes have occurred to the previously issued explanatory statement.

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