Bradaverse Education seeks shareholder approval for share mandates

Bradaverse Education (Int'l) Investments Group Limited will convene its annual general meeting (AGM) on Friday, 19 December 2025, in Hong Kong. Among the resolutions, the company proposes the reappointment of Baker Tilly Hong Kong Limited as auditors and the re-election of executive director Mr. Li Ming Him, and independent non-executive directors Mr. Hong Ka Kei and Ms. Leung Lai Yan.

The board also seeks shareholder approval for new general mandates to issue and repurchase shares. The proposed issue mandate would allow the directors to allot up to 20% of the issued share capital, equating to a maximum of 121,609,376 new shares. Concurrently, a repurchase mandate for up to 10% of the issued share capital (60,804,688 shares) will also be put to a vote.

If the repurchase mandate is exercised in full, the shareholding interests of Bradbury Investment Fund (SPC) Limited – Bradbury Global Opportunity Fund SP would increase to approximately 32.14%, and Bradbury Private Investment IX Inc. to 15.11%. The directors have stated no intention to exercise the repurchase mandate to trigger a mandatory general offer under the Takeovers Code.