Pacific Basin Shipping Limited Announces New 2025 Share Award Scheme Granting 28.6 Million Shares to Eligible Participants

Reuters

06-20

Pacific Basin Shipping Limited Announces New 2025 Share Award Scheme Granting 28.6 Million Shares to Eligible Participants

Pacific Basin Shipping Limited has announced the grant of 28,626,000 Awarded Shares under its 2025 Share Award Scheme. The awards, distributed to Eligible Participants, will be fulfilled by utilizing 2,711,000 forfeited shares currently held by the Trustee and purchasing 25,915,000 shares on the secondary market at prevailing market prices. This initiative, disclosed on June 20, 2025, aligns with the company's adherence to Rule 17.06A, 17.06B, and 17.06C of the Listing Rules. The shares will be held in trust by the appointed Trustee, ensuring they are administered according to the Scheme Rules.

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. Pacific Basin Shipping Limited published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.

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Pacific Basin Shipping Limited published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0390135688.USD","symbol_name":"TEMPLETON ASIAN SMALLER COMPANIES \"A\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDL6QRtDr:1","article_id":"2544128436","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544128436","pubTimestamp":1750412734,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Pacific Basin Shipping Limited has announced the grant of 28,626,000 Awarded Shares under its 2025 Share Award Scheme. 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The awards, distributed to Eligible Participants, will be fulfilled by utilizing 2,711,000 forfeited shares currently held by the Trustee and purchasing 25,915,000 shares on the secondary market at prevailing market prices. This initiative, disclosed on June 20, 2025, aligns with the company's adherence to Rule 17.06A, 17.06B, and 17.06C of the Listing Rules. The shares will be held in trust by the appointed Trustee, ensuring they are administered according to the Scheme Rules.\n      \n\nDisclaimer: 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. 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