Smoore International Buys HK$49.87 Million in Shares for Award Plan, Trustee Stake Rises to 1.62%

Bulletin Express
Apr 17

Smoore International Holdings Limited (Smoore International) disclosed that the trustee of its Share Award Plan purchased 5.24 million shares on 17 April 2026 to fund future awards for eligible participants.

The shares were acquired at an average price of HK$9.5144, bringing the cash outlay to approximately HK$49.87 million, excluding related expenses.

Following the transaction, the trustee’s holding increased from 95.39 million shares (1.5398 % of issued share capital) to 100.63 million shares (1.6244 %).

The Share Award Plan was first adopted on 2 September 2021 and amended with shareholder approval on 18 February 2025. Under the plan, the Board or its designated committee may grant awarded shares to selected participants at its discretion.

The announcement was authorized by Chairman Chen Zhiping and published in Hong Kong on 17 April 2026.

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