Summary by Moomoo AI
On December 2, 2024, Geely Automobile issued new ordinary shares due to the exercise of the stock option plan. This issuance involved two parts: first, group employees exercised their stock options based on the plan adopted on April 28, 2023, issuing 453,000 shares; second, related entities exercised their stock options, issuing 125,500 shares. The issuance price per share was HKD 9.56. As a result of these issuances, the total number of issued shares of Geely Automobile increased to 10,070,450,283 shares. \n This share issuance has been formally approved by the board of directors and conducted in accordance with all applicable listing rules and legal requirements. The company confirms that all necessary payments have been received and that all prerequisites for listing qualifications have been met. The issuance of...Show More