TIANLI INT HLDG (01773) Executive Director, Chairman, and CEO Luo Shi Increases Holdings by 3.8 Million Shares

Stock News
02/20

TIANLI INT HLDG (01773) announced that the company was notified by its Executive Director, Chairman, and Chief Executive Officer, Mr. Luo Shi, that on February 20, 2026, Mr. Luo purchased a total of 3.8 million ordinary shares of the company on the open market. This represents approximately 0.18% of the total issued shares of the company, with an average price of about HK$2.64 per share. Following this purchase, Mr. Luo holds a total of 933 million shares in the company directly and indirectly, representing approximately 44.64% of the total issued shares of the company as of the date of this announcement. This calculation excludes 13.227 million shares that had been repurchased but not yet canceled, and 6.5 million treasury shares held by the company as of the announcement date. Mr. Luo has also been granted 30 million share options under the share option scheme, entitling him to subscribe for 30 million shares. None of these options had been exercised as of the announcement date. According to Mr. Luo, he has full confidence in the business prospects and outlook of the group. Subject to applicable laws and regulatory requirements, Mr. Luo does not rule out the possibility of further increasing his shareholding in the company at an appropriate time. Separately, on February 20, 2026, the company repurchased a total of 200,000 of its own shares on the open market. This share repurchase represents approximately 0.0095% of the total issued shares of the company. These repurchased shares will be held by the company as treasury shares. The Board of Directors believes that conducting a share repurchase under the current market conditions demonstrates the company's confidence in its own business outlook and prospects. This action is ultimately expected to benefit the company and create value for its shareholders. The share repurchase was carried out under circumstances deemed appropriate by the Board and in the overall interests of the company and its shareholders. The company may make further share repurchases at an appropriate time in accordance with all applicable laws and regulations.

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