Pacific Textiles details 7.80 million pending share cancellations after latest HK$0.17 million buyback

Bulletin Express
Jul 13

Pacific Textiles Holdings Limited filed a Next Day Disclosure Return dated 13 July 2026, outlining continued activity under its 2025-26 share-repurchase mandate.

Total share capital unchanged • Issued ordinary shares stood at 1.39 billion as of both 9 July and 13 July 2026. • The figure does not yet reflect 7.80 million shares repurchased between 29 June and 13 July that remain pending cancellation.

Latest on-market purchase • On 13 July 2026, the company bought back 188,000 shares on the Hong Kong Stock Exchange at HK$0.92 each, paying HK$0.17 million.

Repurchases awaiting cancellation (29 Jun–13 Jul 2026) • Volume: 7.80 million shares, equal to 0.56 % of existing issued shares. • Consideration: approximately HK$6.81 million, implying a volume-weighted average price of HK$0.87 per share. • The largest single-day repurchase in the period was 3.00 million shares on 29 June at HK$0.87 per share.

Mandate utilisation • Since shareholders approved the current repurchase mandate on 14 August 2025, Pacific Textiles has bought back 13.06 million shares, representing 0.94 % of the share base at the mandate date. • The authorisation allows for up to 139.16 million shares to be repurchased, leaving roughly 126.11 million shares (about 9.10 % of current issued shares) still available under the mandate.

Issuance moratorium • In line with Hong Kong Listing Rules, the company cannot issue new shares or dispose of treasury shares until 13 August 2026, 30 days after the most recent buyback date.

All repurchases were executed on the Exchange and complied with Hong Kong Listing Rules, according to the company’s filing signed by Company Secretary Che Kwok Fong.

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