Chervon Holdings Limited Announces Share Purchase Under Share Scheme

Date of Announcement: April 17, 2026
Company: Chervon Holdings Limited (Stock code: 2285)

Key Highlights for Investors

• Share Purchase Executed: Chervon Holdings Limited has announced that its trustee has purchased a total of 700,000 shares on the open market between April 16, 2026 and April 17, 2026.
• Purpose of Purchase: The shares were acquired specifically for the company’s Share Scheme, which is designed to incentivize and reward selected participants within the Group.
• Average Purchase Price: The average consideration paid per purchased share was approximately HK\$17.471.
• Total Consideration: The total amount paid for the 700,000 shares, excluding all related expenses (transaction levy, brokerage, tax, duties, and levies), was approximately HK\$12,229,524.
• Change in Trustee’s Shareholding:
  • Prior to the purchase, the trustee held 6,126,500 shares, representing approximately 1.1988% of the total shares in issue.
  • After the purchase, the trustee now holds 6,826,500 shares, representing approximately 1.3358% of the total shares in issue.

Important Information for Shareholders

• Potential Impact on Share Price:
  The purchase of shares from the open market by the trustee for the Share Scheme can be viewed positively by the market as it may signal management’s confidence in the company’s prospects and a commitment to aligning the interests of employees and management with those of shareholders. Such buyback activities can also provide support to the share price in the open market.
• Future Share Purchases:
  The board retains the discretion to instruct further purchases of shares from the market in accordance with the Share Scheme and the requirements of the Listing Rules. This means that additional purchases could take place, potentially impacting supply-demand dynamics for the stock.
• Board Oversight:
  The Board may determine the number of shares to be awarded to selected participants, together with vesting conditions, at its absolute discretion.
• Governance and Compliance:
  The company has reiterated its commitment to act in accordance with the Scheme Rules and the Listing Rules, ensuring that all transactions are compliant and transparent.

Composition of the Board

As of the date of the announcement, the board of directors comprises:

• Mr. PAN Longquan (Chairman)
• Ms. ZHANG Tong
• Mr. KE Zuqian
• Mr. Michael John CLANCY

as executive directors, and

• Mr. FAN Hao
• Dr. LI Minghui
• Mr. JIANG Li

as independent non-executive directors.

Investor Takeaways

• The share purchase is a significant move under the company’s Share Scheme, reflecting the company’s strategy to incentivize and retain talent.
• Such activity may be interpreted as a vote of confidence by the management, which could influence investor sentiment and share price movements.
• Shareholders should monitor future disclosures regarding additional share purchases or awards under the scheme, as these may further impact the share capital and potentially affect share value.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to study all relevant documents and consult their financial advisors before making investment decisions. Past performance is not indicative of future results, and share prices may be volatile.

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