FilingReader Intelligence

China Beststudy group buys shares for RSU scheme

December 3, 2025 at 09:41 AM UTCBy FilingReader AI

On December 3, 2025, China Beststudy Education Group's RSU trustee acquired 200,000 shares on the open market for its RSU scheme. This purchase represents approximately 0.02% of the total issued shares as of the announcement date. The average consideration per share was approximately HK$4.62, totaling HK$924,300 for the transaction.

Following this purchase, the RSU trustee now holds 108,391,659 shares, an increase from 108,191,659 shares held prior to the share purchase. This balance includes 30,013,940 vested shares awaiting transfer to grantees. The company's board believes the current share price undervalues its performance and underlying value, presenting a good opportunity to address the source of shares for the RSU scheme.

The company is confident in its business outlook and prospects, viewing the RSU scheme as a strategic tool to attract talent and align employee interests with those of the company's shareholders. The board will continue to review and determine the number of RSUs awarded and shares purchased, in compliance with listing rules.

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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