Summary by Moomoo AI
On 5 December 2024, Wynn Macau granted a total of 4,983,000 share options to five independent non-executive directors under its Share Option Scheme. The subscription price is HK$5.86 per share for the period from December 5, 2025 to December 4, 2034. The share purchase option is not accompanied by any performance objective and is intended to motivate and attract qualified participants to promote the long-term growth of the company.The directors granted share rights include Sheng Zhiwen, Bruce Rockowitz, Lin Jianfeng, Su Siu-ming and Ye Xiaowei, each granted a different number of shares. The purpose of the Share Option Scheme is to establish a common interest between eligible participants and the company and its shareholders and to enhance the value of the company and its shares. The grant of the share option has been approved by the independent non-executive director and does not involve any financial assistance.Following this grant of share rights, Wynn Macau's share option plan and other share plans have a planned authorization limit of 502,984,034 shares available for future issuance.
