Pacific Basin Shipping repurchases shares, updates on mandate

On September 10, 2025, Pacific Basin Shipping Limited repurchased 10,000 ordinary shares on the Exchange at HK$2.35 per share, totaling an aggregate price paid of HK$23,500. These shares were repurchased for cancellation. As of the closing balance date, the company's total number of issued shares remained at 5,224,307,803.

The repurchase was made under a mandate granted on April 25, 2025, which authorized the issuer to repurchase up to 513,699,014 shares. With this recent transaction, the total number of shares repurchased on the Exchange or another stock exchange under this mandate now stands at 25,072,000. This represents 0.4881% of the issued shares (excluding treasury shares) as at the date the mandate was granted.