Comba Telecom issues 1.56 million share awards to employees

SGX Filings
2025/10/15

Comba Telecom Systems Holdings Limited (STC) announced that on Oct, 15 2025 it granted 1,560,000 ordinary shares to selected employees under its share award scheme adopted on May, 22 2023.

The award shares represent about 0.05 % of Comba Telecom’s issued share capital. The purchase price is set at HK$1.3715 per share, compared with the HK$3.00 closing price on the grant date.

Vesting will occur as follows: 940,000 shares will vest between Oct, 15 2025 and Oct, 14 2026; the remaining 620,000 shares will vest in two equal tranches—one from Oct, 15 2025 to Oct, 14 2026 and the other from Oct, 15 2025 to Oct, 14 2027.

No performance targets are attached to the awards. The shares will lapse if a grantee ceases to be an eligible participant or if the company is wound up, other than for the purpose of a merger or restructuring. The group has not provided any financial assistance to employees for the purchase.

Following this grant, 275,853,466 shares remain available for future awards under the scheme.

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