Summary by Moomoo AI
NEWBORNTOWN announced on December 23, 2024, that according to the NBT restricted share unit plan, 25,172,052 bonus shares will be granted to 26 employee participants at no cost. The closing price of the bonus shares on the grant date was HKD 3.85 per share. The bonuses will vest in four equal batches, with the first batch vesting on December 23, 2025, followed by the second batch on July 20, 2026, and the remaining two batches vesting on the first and second anniversaries of the vesting date of the second batch.The granting of the bonuses aims to reward the participants for their past contributions and retain talent, aligning the interests of the participants with those of the company, the group, and the shareholders to inspire long-term growth. The...Show More