Bilibili (HKG:9626) issued 3,088,943 restricted share units to 291 employees under a share incentive plan, according to a Wednesday filing with the Hong Kong bourse.
Shares in the digital content company inched up 1% during late afternoon trading Thursday.
The restricted share units represent the same number of class Z shares, and are equivalent to 0.75% of the total number of shares, the filing said.
The Z shares were priced at HK$162 apiece on Wednesday, the filing said.
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