According to Zhitong Finance App, Conoa-B (02162.HK) issued an announcement. It has authorized the Company to direct an independent professional trustee to manage the 2022 Restricted Share Unit Plan) to use approximately HK$100 million to purchase the Company's common shares on the market at the current market price in accordance with the 2022 Restricted Share Unit Plan rules and trust deeds. Shares so purchased will be held in trust for the benefit of the trustee as the grantor and used to award share awards under the 2022 Restricted Share Units Plan.

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