Anton Oilfield Services (HKG:3337) will grant a total of 49,370,000 restricted shares to 147 eligible participants under a restricted share award scheme, a Monday Hong Kong bourse filing said.

The participants comprise seven directors and 140 employees of the oil and gas field development technical service provider company.

Each restricted share represents a conditional right to receive one share of the company for zero consideration after vesting.

Following the grant, 167,220,985 shares underlying the awards will still be available for future grants under the scheme.