Smoore International boosts share award plan with HK$99.7m purchase
Smoore International Holdings Limited announced on December 11, 2025, that its Trustee purchased 8,140,000 shares on the market for its Share Award Plan. The total consideration for this purchase, excluding related expenses, was approximately HK$99,766,880, with an average consideration of approximately HK$12.2564 per share. This transaction increases the total number of shares held by the Trustee for the plan.
Immediately prior to this acquisition, the Trustee held 79,610,030 shares, representing approximately 1.2853% of the total shares in issue. Following the latest purchase, the number of shares held by the Trustee increased to 87,750,030, now representing approximately 1.4167% of the total shares in issue as of the announcement date.
The Share Award Plan, initially adopted on September 2, 2021, and amended on February 18, 2025, allows the board or committee to select eligible participants and grant awarded shares based on specific terms and conditions. The company's executive directors include Mr. Chen Zhiping, Mr. Xiong Shaoming, Mr. Wang Guisheng, and Ms. Wang Xin, with Mr. Chen Zhiping serving as chairman of the board.
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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