VSTECS Holdings Limited has announced a new compensation plan involving the grant of 29,400,000 share options to subscribe for ordinary shares, effective 23 June 2025. These options are tied to performance targets, requiring an average revenue growth rate of over 20% for a specified subsidiary between 2025 and 2027. If the growth rate falls between 10% and 20%, the Board will decide the proportion of options to vest based on actual performance. No options will vest if growth is below 10%. Additionally, options will lapse if the grantee leaves the company before the vesting date. The share option scheme will expire on 23 June 2025, with no further grants thereafter.
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