Pacific Basin Shipping repurchases shares on April 3, 2025

Pacific Basin Shipping Limited announced that it repurchased 6,194,000 of its ordinary shares on the Hong Kong Stock Exchange on April 3, 2025. The share repurchase was executed on the Exchange, with the highest repurchase price per share at HKD1.71 and the lowest at HKD1.69. The aggregate price paid for the repurchased shares totaled HKD10,553,337.2. The company noted that these repurchases were made in accordance with the Main Board Rules and GEM Rules, with no material changes to the particulars contained in the Explanatory Statement dated March 14, 2024. As of the date of the resolution granting the repurchase mandate (April 19, 2024), the total number of shares which the issuer is authorised to repurchase is 526,382,305 shares and the total number of shares repurchased on the Exchange is 174,142,000.