Mayer Grants Share Options Under 2019 Scheme

MT Newswires Live

05/29

Mayer (HKG:1116) granted share options to 10 eligible participants to subscribe for a total of up to 215.8 million, or 10%, ordinary shares in the company, a Wednesday filing with the Hong Kong bourse said.

The options were granted under a scheme adopted by the steel products manufacturer in 2019.

The grantees can exercise the options at HK$0.50 apiece until May 27, 2028.

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