FIH Mobile Limited Announces New Share Scheme Granting 7 Million Award Shares to Executive Directors

Reuters
05-15
FIH Mobile Limited Announces New Share Scheme Granting 7 Million Award Shares to Executive Directors

FIH Mobile Limited, incorporated in the Cayman Islands, announced the grant of 7,001,902 award shares to its executive directors as part of a new share scheme. The shares were granted on May 15, 2025, following amendments to the company's share scheme originally adopted in May 2023. Chairman of the Board, CHIH Yu Yang, received 3,670,931 shares, while CEO Lin Chia-Yi, also known as Charles Lin, was granted 3,330,971 shares. The award shares are subject to a clawback mechanism in certain circumstances, such as material misstatements in financial statements or misconduct by the grantee. The grants were approved in compliance with relevant listing rules, with no financial assistance provided to the grantees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FIH Mobile Limited published the original content used to generate this news brief on May 15, 2025, and is solely responsible for the information contained therein.

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