XIAO NOODLES Updates on Share Capital: 22.09 Million H Shares Pending Cancellation After Latest Buyback

Bulletin Express
Oct 02

Guangzhou Xiao Noodles Catering Management Co., Ltd. (XIAO NOODLES) has filed a Next Day Disclosure Return with the Hong Kong Stock Exchange, detailing its share capital position and the progress of its H-share repurchase programme up to 2 October 2026.

Key Figures • Issued H shares (opening and closing balance, 30 Sep – 2 Oct 2026): 710.69 million • Total H shares repurchased for cancellation but not yet cancelled: 22.09 million, equal to 3.11 % of current issued share capital • Aggregate cash outlay for the most recent repurchase on 2 Oct 2026: HKD 0.41 million

Latest Transaction (2 October 2026) • Volume: 97,000 H shares • Price range: HKD 4.15 – 4.22 per share • Average cost: approximately HKD 4.20 per share

Cumulative Repurchases Under Current Mandate • Shareholder mandate granted: 25 June 2026, authorising up to 71.07 million H shares for buyback • Shares repurchased under this mandate to date: 4.77 million, representing 0.67 % of issued shares at mandate date • Remaining capacity: about 66.30 million H shares (93.4 % of authorised limit)

Outstanding Pre-Mandate Repurchases • 17.32 million H shares were acquired between 3 Feb and 24 Jun 2026 under a prior mandate dated 26 January 2026; these shares are still pending cancellation.

Capital Structure Impact Despite the series of buybacks, XIAO NOODLES’ official issued share count remains unchanged at 710.69 million H shares until the repurchased shares are formally cancelled. Upon completion of the cancellation process, the company’s share capital will decrease by 22.09 million shares, subject to regulatory procedures.

Regulatory Compliance The board confirmed that all repurchases were executed in accordance with Hong Kong listing rules and that requisite filings with the Companies Registry have been completed. Following the 2 October transaction, XIAO NOODLES is subject to a 30-day moratorium—lasting until 1 November 2026—during which it cannot issue, sell, or transfer shares without prior Exchange approval.

Conclusion XIAO NOODLES continues to advance its share repurchase strategy, with more than 22 million H shares now awaiting cancellation. The company retains significant headroom—over 90 %—under its current repurchase mandate, indicating scope for further buybacks ahead of the moratorium’s expiry.

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