Summary by Futu AI
Shatte Technologies filed a Next Day Disclosure Report on February 28, 2024 disclosing the changes in its issued share capital and share repurchases. According to the report, on February 28, 2024, Sketch Technology exercised a share option under its initial public offering employee holding scheme for 66,883 shares of Class B Ordinary Shares at an issue price of HK$0.3273 per share, a 99.28% discount from the previous business day market price of HK$45.75. In addition, during the period from 25 January to 28 February 2024, the Company repurchased 45,373,600 shares of Class B Ordinary Shares, representing 1.0467% of the issued shares. The last repurchase transaction took place on 28 February and repurchased 882,000 shares on the same day at a price of HK$44.25 to HK$45.7 per share. The amount is approximately HK$3.996 million. The repurchase is conducted in accordance with the Listing Rules of the Hong Kong Stock Exchange Limited and confirms that all relevant legal requirements have been complied with.