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.