National Electronics Holdings Ltd (stock code: 00213) submitted a Next Day Disclosure Return (NDDR) to the Hong Kong Stock Exchange on 13 March 2026, confirming the latest movement in its share capital arising from on-market repurchases.
Key takeaways
1. Latest transaction • Date: 13 Mar 2026 • Volume: 22,000 ordinary shares (to be cancelled) • Price: HK$0.39 per share • Consideration: HK$8,580
2. Year-to-date (2 Jan – 13 Mar 2026) repurchase summary (all pending cancellation) • Total shares bought: 1.02 million • Average repurchase price: approximately HK$0.38 per share • Aggregate outlay: about HK$0.38 million • Proportion of existing issued shares: 0.11% (based on 914.22 million shares outstanding before the repurchases)
3. Authorised buyback capacity • Shareholders’ mandate granted on 26 Aug 2025 permits repurchase of up to 91.50 million shares. • Cumulative utilisation under the mandate: 1.80 million shares, equivalent to 0.20% of the shares in issue on the mandate date, leaving roughly 89.70 million shares (98.0% of the mandate) available.
4. Share capital position • Opening and closing issued share capital (excluding treasury shares) remained unchanged at 914.22 million shares as at 11 and 13 Mar 2026 respectively; all repurchased shares are awaiting cancellation.
5. Post-buyback restrictions • In line with HKEX Main Board Rule 10.06(3)(a), the company is subject to a moratorium on new share issues, sales or transfers of treasury shares until 12 Apr 2026.
Director Edward Lee Yuen Cheor confirmed that all repurchases complied with HKEX regulations and that no material changes have occurred to the company’s previously filed explanatory statement.