Summary by Moomoo AI
Geely Automobiles issued a total of 302,500 new ordinary shares on December 16, 2024, of which 273,500 shares were issued due to employees of the group exercising stock options, and 29,000 shares were issued due to related entity participants exercising stock options. These stock options all originate from the stock option plan adopted by the company 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 10,073,649,783 shares to 10,073,952,283 shares, with the newly issued shares accounting for approximately 0.003% of the previously issued shares. The company confirmed 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.
