WuXi XDC approves 4.85 million restricted shares for 425 staff under 2024 scheme

Bulletin Express
04/08

WuXi XDC Cayman Inc. has authorised the issue of 4.85 million restricted shares on 8 April 2026 under its 2024 Share Scheme. The grant covers 425 participants, comprising three executive directors and 422 other employees of the Group.

Key terms • Grant size: 4.85 million restricted shares at a nil purchase price. • Market reference: HK$60.65 per share on the grant date, implying a notional market value of HK$294.37 million. • Vesting: 25 % of the award will vest on each anniversary of the grant date over four years, subject to annual performance assessments. • Claw-back: Unvested or vested shares are subject to forfeiture and reimbursement if a grantee is dismissed for cause or convicted of an integrity-related offence.

Director participation • Dr. Jincai Li (CEO) – 155,300 shares. • Mr. Jerry Jingwei Zhang (COO) – 80,200 shares. • Mr. Xiaojie Xi (CFO & Company Secretary) – 128,700 shares. Total to directors: 364,200 shares (7.51 % of the overall grant). All three directors abstained from voting on their respective awards; the full Board, including independent non-executive directors, approved the grant.

Scheme capacity Following this issuance, 21.04 million shares remain available under the overall scheme mandate limit of 35.94 million shares. For the Service Provider sub-limit, 3.59 million shares are still unallocated.

Regulatory position The grant does not require separate shareholder approval, and no individual award exceeds 1 % of the company’s issued share capital within any 12-month period, consistent with Hong Kong Listing Rules.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10