FS.COM (03355.HK): trustee buys 370,000 H shares under share award scheme at average HK$37.491

FS.COM (03355.HK) said the trustee bought 370,000 H shares under its H-share award scheme at an average of HK$37.491, for a total of about HK$13.87 million.

NewTimeSpace News: FS.COM (03355.HK) announced that the Board has authorised the trustee to purchase H shares in the market at the prevailing market price pursuant to the rules of the H-share share award scheme adopted by the Company on 16 September 2026 and the trust deed. The relevant H shares will be held by the trustee in trust for the benefit of selected participants and used for the grant of award shares under the scheme rules.

According to the announcement, on 27 October 2026 the trustee purchased an aggregate of 370,000 H shares in the market in accordance with the terms and conditions of the H-share share award scheme. The shares represent approximately 0.09% of the total number of issued shares of the Company (excluding treasury shares, if any), at an average consideration of approximately HK$37.491 per H share and a total consideration of approximately HK$13,871,494. Immediately after the purchase, the number of H shares held by the trustee under the scheme was 493,000.

The Board said it will review from time to time and determine at its absolute discretion the number of H shares it considers appropriate to grant to selected participants under the scheme and the number of H shares to be further purchased from the market. A summary of the principal terms of the scheme is set out in the Company's circular dated 28 August 2026 relating to its extraordinary general meeting and its announcement dated 26 October 2026.

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