Summary by Moomoo AI
Geely Automobiles issued a total of 623,250 new ordinary shares on December 12, 2024, of which 581,750 shares were issued due to the exercise of stock options by the group's employees, and 41,500 shares were issued due to the exercise of stock options by related entity participants. The stock option plan was adopted on April 28, 2023, with an exercise price of HKD 9.56 per share.After this issuance, the total number of issued shares of Geely Automobiles increased from 10,072,601,283 shares to 10,073,224,533 shares. The newly issued shares account for approximately 0.00619% of the number of shares before the issuance. The company confirms that this share issuance has been formally authorized and approved by the Board of Directors and complies with all applicable listing rules, laws, and other regulatory requirements.
