Summary by Moomoo AI
Wuxi Apptec announced on July 29, 2024 that, according to the 2019 Restricted Stock and Stock Option Incentive Plan, it will cancel a total of 31,509 unexercised stock options for 7 incentive targets. The decision was made at the 12th meeting of the third Board of Directors and the ninth meeting of the third Supervisory Board. The reason for the cancellation is that these incentive targets resigned before the expiration of the option exercise period or did not exercise the options during the exercise period. The company stated that this cancellation will not have a significant impact on the company's operations. The Supervisory Board has reviewed and approved the cancellation action, believing that it complies with relevant laws and regulations and the provisions of the incentive plan, and does not harm the interests of the company and all shareholders.
