FilingReader Intelligence

China Beststudy boosts RSU scheme with significant share purchase

December 1, 2025 at 09:39 AM UTCBy FilingReader AI

China Beststudy Education Group completed a significant share purchase on December 1, 2025, acquiring 202,000 shares on the open market for its Restricted Share Unit (RSU) Scheme. This purchase cost HK$949,400 at an average consideration of HK$4.70 per share. The RSU Scheme, adopted on December 3, 2018, aims to attract talent and align employee interests with the company's long-term goals.

Following this transaction, the RSU trustee now holds a total of 107,953,659 shares, an increase from 107,751,659 shares prior to the purchase. The balance includes 30,013,940 vested shares awaiting transfer to grantees. The board believes the current share price undervalues the company's performance and underlying value, making this a strategic opportunity to strengthen the RSU Scheme and support business development.

The board will continue to review and determine future RSU awards and share purchases, ensuring compliance with listing rules. The board is confident in its business outlook and prospects, indicating a commitment to sustainable growth and shareholder value.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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