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Yeahka Limited — Transaction in Own Shares 2021
Sep 23, 2021
51174_rns_2021-09-23_28ec4971-9e42-4844-99de-94d16a5d44fb.pdf
Transaction in Own Shares
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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YEAHKA LIMITED 移卡有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 9923)
SHARE PURCHASE PURSUANT TO THE RESTRICTED SHARE UNIT SCHEME
Reference is made to the RSU Scheme of the Company approved and adopted by the Board on August 1, 2019, and the announcement of the Company dated July 20, 2021 in relation to the intended share purchase pursuant to the RSU Scheme (the “ Announcement ”). Unless otherwise stated, capitalized terms used in this announcement shall have the same meanings as defined in the Announcement.
As of September 21, 2021, the RSU Trustee had utilized an aggregate of approximately HK$119.8 million to purchase 4,104,400 Shares from the market at a consideration of HK$26.30 to HK$30.00 per Share to hold on trust for the benefit of the RSU Participants pursuant to the rules of the RSU Scheme. The Shares so purchased will be used as awards for the RSU Participants in the RSU Scheme, to incentivize them for their contribution to our Group. In addition, the share purchase pursuant to the RSU Scheme also demonstrates the Company’s confidence in its business outlook and prospect. The Company will continue to implement the share purchase plan on market based on market conditions.
By order of the Board YEAHKA LIMITED Liu Yingqi Chairman
Hong Kong, September 23, 2021
As of the date of this announcement, the Board comprises Mr. Liu Yingqi, Mr. Yao Zhijian and Mr. Luo Xiaohui as executive directors, Mr. Mathias Nicolaus Schilling and Mr. Akio Tanaka as non-executive directors, and Mr. Tam Bing Chung Benson, Mr. Yao Wei and Mr. Yang Tao as independent non-executive directors.