China Lit repurchases 2.70 million shares for HK$61.75 million, utilising 0.26% of buyback mandate

Bulletin Express
06/15

China Literature Limited (“China Lit”) disclosed a Next Day Return (15 June 2026) showing that the company has repurchased a cumulative 2.70 million ordinary shares for cancellation between 4 and 15 June 2026. The transactions form part of the share buy-back mandate approved on 2 June 2026, which authorises the repurchase of up to 102.15 million shares (10% of issued capital).

Key figures

1. Scale of buy-backs • Shares repurchased for cancellation (4–15 June 2026): 2.70 million • Proportion of issued shares (1.02 billion) at mandate date: 0.26%

2. Repurchase prices and cash outflow • Volume-weighted average price: HK$22.87 per share • Aggregate consideration: HK$61.75 million • Daily prices ranged between HK$21.68 and HK$23.62 per share, with the single-day largest purchase on 15 June 2026 (600,000 shares for HK$13.13 million).

3. Capital structure unchanged to date • Issued shares outstanding (12 & 15 June 2026): 1.02 billion • All repurchased shares remain uncancelled as at 15 June 2026; cancellation will reduce the share count once processed.

4. Remaining capacity under mandate • Shares still available for repurchase: 99.45 million • Moratorium: the company is restricted from issuing new shares or transferring any treasury shares until 15 July 2026.

Compliance statement China Lit confirmed that all repurchases were executed on the Hong Kong Stock Exchange in accordance with Main Board Rule 10.06 and that no material changes have been made to the April 2026 Explanatory Statement filed with the Exchange.

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