Pacific Basin Shipping repurchases shares, total issued capital unchanged

Pacific Basin Shipping Limited (stock code 02343) submitted a Next Day Disclosure Return on October 23, 2025, detailing a repurchase of 52,000 ordinary shares on the Exchange on the same date. The shares were acquired at a price of HK$2.5 per share, totaling an aggregate paid price of HK$130,000. These shares are intended for cancellation but were not yet cancelled as of the closing balance date.

As a result of this repurchase, the company's total number of issued shares remains unchanged at 5,208,363,803 as of October 23, 2025. The repurchased amount represents 0.001% of the existing number of issued shares (excluding treasury shares) before the event.

Pacific Basin Shipping's mandate for share repurchases, granted on April 25, 2025, authorized the repurchase of up to 513,699,014 shares. To date, the company has repurchased 41,058,000 shares under the current mandate, representing 0.7993% of the issued shares (excluding treasury shares) as at the date the resolution was granted.