FilingReader Intelligence

China Beststudy boosts RSU scheme with significant share purchase

December 12, 2025 at 05:02 PM UTCBy FilingReader AI

China Beststudy Education Group completed an open market purchase of 35,000 shares on December 12, 2025, for its Restricted Share Unit (RSU) Scheme. This acquisition, representing approximately 0.004% of the total issued shares, involved a total consideration of HK$150,240, with an average price of approximately HK$4.29 per share. Following this transaction, the RSU trustee now holds 108,290,659 shares, up from 108,255,659 shares prior to the purchase.

The company's board believes the current share price undervalues its business performance and underlying value, presenting an opportune moment to acquire shares for the RSU Scheme. This move aims to attract and retain talent, aligning employee interests with the company's goal of creating shareholder value, while maintaining sustainable business development.

The RSU Scheme, adopted on December 3, 2018, remains a key incentive for the company. The board will continue to review and determine the number of RSUs to be awarded and additional shares to be purchased from the market, adhering to Listing Rules requirements.

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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