Smoore International boosts employee share plan with HK$99.8m purchase

Smoore International Holdings Limited, a company listed on the Hong Kong Stock Exchange, announced on December 12, 2025, a significant share purchase for its Share Award Plan. The company's trustee acquired 7,991,000 shares on the open market, indicating a continued commitment to its employee incentive scheme, which was first adopted in September 2021 and amended in February 2025.

The total consideration for this share purchase, excluding related expenses, amounted to approximately HK$99,755,620. The average consideration paid per share was approximately HK$12.4835. This transaction increased the total number of shares held by the trustee for the Share Award Plan from 87,750,030 shares (approximately 1.4167% of total shares in issue) to 95,741,030 shares (approximately 1.5457% of total shares in issue).

The Share Award Plan allows the board or committee discretion to select eligible participants and grant awarded shares based on specific terms and conditions. The announcement was made by order of the board, with chen zhiping, chairman of Smoore International Holdings Limited, as the signatory.