Country Garden Services (06098) announced that the company adopted a share award plan on November 18, 2024. The directors...
Zhitong Finance App News, Country Garden Service (06098) announced that the company adopted a share award scheme on November 18, 2024, and the board of directors can select employee participants to compete for share awards. The Board may also select service providers to participate in the program. The purpose of adopting the share award scheme is to: motivate core talents who play an important role in the company's future operation and development; and reward selected participants who have contributed to the company.
The Company will provide a total of not more than RMB 1 billion or HKD equivalent to the trustee to purchase shares during the scheme's reward period. The maximum number of shares that can be granted under the share award scheme shall not exceed 0.109 billion shares, or approximately 3.26% of the company's issued share capital on the date of adoption. The maximum number of bonus shares that can be granted to a selected participant under the share award scheme shall not exceed 33.43 million shares (approximately 1% of the company's issued share capital on the date of adoption).
