Galaxy Entertainment Group Announces Grant of 524,000 Share Awards to Employees Under New Compensation Plan

Reuters
2025/07/11
<a href="https://laohu8.com/S/GXYEF">Galaxy Entertainment</a> Group Announces Grant of 524,000 Share Awards to Employees Under New Compensation Plan

Galaxy Entertainment Group Limited has announced a new compensation plan, granting a total of 524,000 share awards to certain employee participants. The awards, granted on July 11, 2025, are part of a share award scheme adopted by the company on May 22, 2023. Each award comes with a purchase price of HK$1.00, while the market price of the shares on the grant date was HK$38.60. The vesting period spans three years, with shares becoming available on July 11 of each year from 2026 to 2028. This grant is within the mandate limit approved at the company's annual general meeting, leaving 412,831,640 shares available for future grants.

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. Galaxy Entertainment Group Limited published the original content used to generate this news brief on July 11, 2025, and is solely responsible for the information contained therein.

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