UBTECH Robotics (09880.HK): Trustee Purchases 126,000 H Shares Under Incentive Plan at HK$79.899 Per Share
NewTimeSpace News: UBTECH Robotics Corp Ltd (stock code: 9880) announced that on 28 July 2026, the trustee of the company's H-share incentive plan purchased an aggregate of 126,000 H shares from the market in accordance with the terms and conditions of the plan, and holds such shares in trust for the benefit of eligible persons.
According to the announcement, the purchased H shares represent approximately 0.025% of the total issued shares, at an average consideration of approximately HK$79.899 per H share, for a total consideration of approximately HK$10,067,275. Following the purchase, the trustee's balance of H shares held is 1,066,950 shares.
The announcement noted that the board will review from time to time and exercise its sole discretion to determine the number of H shares it considers appropriate to grant to eligible persons under the plan and the number of additional H shares to be purchased from the market.
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