NATURAL FOOD IH (01837) plans to repurchase company shares.

NATURAL FOOD IH (01837) announces that the board of directors has resolved and approved the implementation of a share repurchase plan for the company's ordinary shares on the open market. The repurchase is conducted pursuant to the general mandate approved and granted to the directors by the company's shareholders at the annual general meeting held on May 22, 2026, under which the directors may repurchase up to 10% of the ordinary shares in issue (excluding treasury shares) as at the date of passing of such resolution. Pursuant to the share repurchase, the company intends to repurchase an aggregate of not more than 36 million shares during the period from October 20, 2026 to January 31, 2027 (both dates inclusive), having taken into account (among other things) any impact on the company's working capital and gearing level as well as prevailing market conditions, subject to compliance with applicable laws and regulations, the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, the Hong Kong Code on Takeovers and Mergers and Share Buy-backs, and the relevant provisions of the repurchase mandate. The shares repurchased under the share repurchase will be cancelled. The board believes that the prevailing market price of the shares does not adequately reflect the underlying value and future prospects of the company. The company is full of confidence in the business prospects of the group and believes that the share repurchase may (subject to prevailing market conditions) enhance the net asset value per share and/or earnings per share.