Pacific Basin Shipping repurchases shares, total under mandate reaches 41.1m

Pacific Basin Shipping Limited announced on October 27, 2025, that it repurchased 8,000 ordinary shares on the Exchange. The repurchase price was HK$2.53 per share, resulting in an aggregate cost of HK$20,240. This recent transaction contributes to previous repurchases, with a total of 52,000 shares at HK$2.5 on October 23, 2025, and 35,000 shares at HK$2.52 on October 24, 2025, awaiting cancellation.

As of the closing balance date, October 27, 2025, the total number of shares repurchased for cancellation stood at 8,000, bringing the total shares repurchased under the current mandate to 41,101,000.

The resolution granting the repurchase mandate was approved on April 25, 2025, authorizing the issuer to repurchase up to 513,699,014 shares. The 41,101,000 shares repurchased to date represent 0.8001% of the issued shares (excluding treasury shares) as of the resolution date.