IMPRO PRECISION (01286) Proposes Termination of Existing Share Option Scheme and Adoption of New Scheme

Stock News

10/31

IMPRO PRECISION (01286) announced that its existing share option scheme was adopted on June 15, 2018. According to its terms, the existing scheme has a validity period of ten years, expiring on June 14, 2028. Since its adoption, no options have been granted under the existing scheme. Considering the amended Chapter 17 of the Listing Rules effective from January 1, 2023, the Board has proposed to terminate the existing scheme and adopt a new share option scheme upon meeting the relevant conditions.

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According to its terms, the existing scheme has a validity period of ten years, expiring on June 14, 2028. Since its adoption, no options have been granted under the existing scheme. 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