Scholar Education Group Announces Share Purchase Under Share Award Scheme

Key Highlights

• Share Purchase: On 4 May 2026, Scholar Education Group’s Trustee purchased 174,000 shares on the open market, representing approximately 0.026% of the total shares in issue.
• Purchase Price: The average purchase price per share was HK\$1.63, with a total consideration (excluding transaction costs) of about HK\$284,000.
• Shares Held by Trustee: Immediately after the purchase, the Trustee holds 10,757,000 shares, accounting for 1.60% of the total issued shares.
• Purpose: Shares are held on trust for future allocation to selected participants under the Company’s Share Award Scheme.

Details and Potential Impact for Investors

Scholar Education Group has reaffirmed its commitment to rewarding selected participants through its Share Award Scheme. The recent purchase of shares by the Trustee is intended to support future awards under the Scheme, highlighting management’s confidence in the company’s prospects.

Board’s View: The Board believes the current share price significantly undervalues the Company’s underlying value. This strategic purchase is seen as an opportunity to acquire shares at attractive prices for future awards, which could signal to investors that management sees upside potential.

Market Sensitivity: The announcement may be price-sensitive as it indicates a buyback activity and the Board’s positive outlook on the company’s valuation and business prospects. Such purchases often signal management’s confidence and may support the share price in the market.

The Company will continue to monitor market conditions and may instruct further share purchases as deemed appropriate for the Scheme. This ongoing monitoring and potential for additional buybacks should be noted by shareholders as it can affect share supply and demand dynamics.

The Board retains absolute discretion regarding the number of shares to be awarded and the vesting conditions for selected participants. This flexibility allows the Company to tailor its incentive scheme to align with strategic objectives and market circumstances.

Board Composition

• Chairman: Mr. Chen Qiyuan
• Chief Executive Officer: Mr. Qi Mingzhi
• Executive Directors: Ms. Li Ailing, Ms. Leng Xinlan
• Independent Non-Executive Directors: Mr. Yang Xuezhi, Ms. Yim Ka Man, Prof. Zhang Wenjun

Conclusion

Shareholders should note the Company’s continued buyback activity under the Share Award Scheme, the Board’s confidence in the business outlook, and the potential impact on share valuation. Such positive signals from management can be considered price-sensitive and may influence investor sentiment and share price performance.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or seek professional financial advice prior to making any investment decisions. The information provided is based on official company announcements and may be subject to change.

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