Tempus Holdings Limited commences an Equity Buyback Plan for 34,987,680 shares, representing 10% of its issued share capital, under the authorization approved on May 16, 2018.

Tempus Holdings Limited (SEHK:6880) commences share repurchases on January 15, 2019 under the program mandated by the shareholders in the Annual General Meeting held on May 16, 2018. As per the mandate, the company is authorized to repurchase up to 34,987,680 shares, representing 10% of its issued share capital. The purpose for the buyback is to enhance the net asset value per share and/or earnings per share. The repurchases will be funded from the funds legally available for such purpose in accordance with its memorandum of association and the applicable laws of Cayman Islands. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual General Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As of May 16, 2018, the company had 349,876,800 shares in issue.