MOBI Development (00947) Announces No Change in Issued Shares Amid Ongoing Share Repurchases

Bulletin Express
2025/10/17

On 17 October 2025, MOBI Development Co., Ltd. (stock code: 00947) published a Next Day Disclosure Return, reporting an unchanged share capital balance of 797,338,094 ordinary shares at the close of 17 October 2025 despite continued share buybacks. The opening balance on 16 October 2025 stood at the same figure of 797,338,094 shares, indicating no net change in issued shares.

From 28 August to 17 October 2025, the company undertook a series of repurchases for cancellation, with a combined total of 151,000 shares acquired over multiple trading days at prices ranging from HKD 0.143 to HKD 0.19 per share. On 17 October 2025, an additional on-market repurchase of 11,000 shares took place, involving an aggregate price of HKD 1,686. Pursuant to an earlier resolution passed on 29 May 2025, MOBI Development Co., Ltd. holds a mandate to buy back up to 80,062,009 shares, of which a total of 1,668,000 shares have been repurchased to date, representing approximately 0.20834% of the issuer’s total issued shares at the time of that resolution.

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