Xuanwu Cloud (02392) issued an announcement that during the period from April 23 to May 20, 2024, the trustee will implement the 2022 Share Award Plancrashandthetitansat a total cost of 227crashandthetitansA total of 3.598 million shares (equivalent to approximately 0.64% of the total number of issued shares as at May 20, 2024) were purchased from the market for HK$0.52 to HK$0.79 per share. The underlying shares are held in trust for the benefit of selected participants under the 2022 Share Award Plan.

The announcement stated that the company may continue to instruct the trustee to purchase additional shares from the market under the 2022 Share Award Plan, so that the board of directors may grant awards from time to time to encourage and retain eligible persons under the 2022 Share Award Plan to contribute to the long-term development and profits of the Group.

crashandthetitans| Xuanwu Cloud: The trustee purchased a total of 3.598 million shares under the 2022 Share Award Plan