Summary by Moomoo AI
On August 16, 2024, Wynn Macau Limited announced that it granted a reward to an employee under its employee share ownership plan to subscribe for a total of 334,575 ordinary shares, accounting for approximately 0.006% of the issued share capital, without a purchase price and unrestricted by performance targets. The ownership period of the reward exceeds 12 months, and the reward will be automatically invalidated if the service or employment of the selected participant is terminated. The plan aims to motivate employees, increase the value of the company and its shares, and contribute to the long-term growth of the group. After the grant, there will be 508,125,239 shares of relevant shares available for future grants under the plan authorization quota of the employee share ownership plan and the sub-limit of the service provider.
