XIAO NOODLES Repurchases 97,000 H-Shares; Outstanding Buybacks Now Total 22.19 Million Shares Awaiting Cancellation

Bulletin Express
Oct 05

Guangzhou Xiao Noodles Catering Management Co., Ltd. (“Xiao Noodles”) disclosed a Next Day Return confirming it bought back 97,000 H-shares on 5 October 2026 via on-market transactions on the Hong Kong Stock Exchange.

Key points:

• Latest transaction: The 97,000 shares were repurchased at prices ranging from HKD 4.14 to HKD 4.26, for an aggregate consideration of HKD 0.41 million. All shares are designated for cancellation.

• Cumulative repurchases: – Under the general mandate approved on 26 January 2026, the company acquired 17.32 million H-shares between 3 February and 24 June 2026. – A refreshed mandate granted on 25 June 2026 authorises repurchases of up to 71.07 million shares (10% of issued share capital). As of 5 October 2026, 4.87 million shares (0.69% of issued shares) have been repurchased under this mandate. – In total, 22.19 million H-shares are currently held pending cancellation, representing approximately 3.12% of the company’s outstanding 710.69 million issued shares.

• Share capital unchanged: Despite the ongoing buy-backs, Xiao Noodles’ issued share capital remains at 710.69 million H-shares, as none of the repurchased shares have yet been cancelled. The company holds no treasury shares.

• Moratorium on new issues: In line with Hong Kong listing rules, Xiao Noodles is subject to a 30-day moratorium on issuing new shares or selling treasury shares, effective until 4 November 2026, following the 5 October market repurchase.

The board confirms all repurchases have complied with the Hong Kong Listing Rules and relevant legal requirements.

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