XIAO NOODLES: 140,000 H-Share Buyback on 15 May Lifts Outstanding Repurchases to 8.32 Million Shares

Bulletin Express
May 15

Guangzhou Xiao Noodles Catering Management Co., Ltd. (XIAO NOODLES) has filed a Next Day Disclosure Return with the Hong Kong Stock Exchange, detailing the latest transaction under its on-market share repurchase programme.

Key points • Issued share capital unchanged: The company’s issued H-share base remained at 710.69 million shares as at 15 May 2026. • 15 May buyback: 140,000 H shares were repurchased on the Exchange at prices between HKD 4.10 and HKD 4.23, costing HKD 0.59 million. All repurchased shares are designated for cancellation. • Cumulative repurchases: Since the programme began on 3 February 2026, XIAO NOODLES has bought back 8.32 million H shares (1.17 % of the share capital authorised under the mandate). These shares, yet to be cancelled, were acquired at average prices ranging from HKD 4.11 to HKD 5.96. • Potential share count reduction: Cancellation of the 8.32 million shares would trim the issued share capital to approximately 702.37 million shares. • Mandate utilisation: The current repurchase mandate, approved on 26 January 2026, allows the company to buy back up to 71.07 million shares; about 11.71 % of this limit has been used. • Issuance moratorium: In accordance with HKEX rules, the company cannot issue new shares or dispose of treasury shares until 14 June 2026.

The board confirms that all repurchases complied with Hong Kong listing rules, that funds have been duly paid, and that no material changes have occurred to the previously filed explanatory statement.

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