Summary by Moomoo AI
On August 22, 2024, PCCW Limited announced that under the 2024 Share Incentive Plan adopted on May 30, 2024, a total of 78,667 share incentives were granted to employee participants. The incentive is divided into two vesting periods, with 39,334 shares from August 22, 2024, to August 22, 2025, and another 39,333 shares from August 22, 2024, to August 22, 2026. The closing price of the shares on the day of the grant was HKD 4.29 per share, with no purchase price for the incentive. This incentive does not involve directors, affiliated entities, or service providers of the company. The grant of the incentive was based on the board of directors' consideration of the group's performance during the relevant financial period and the contributions of the grantees to the group, and no specific performance targets were set. According to the plan, the number of shares that can be granted in the future is 767,018,932 shares.
