BEIGENE Announces New Enrollment Period for 2018 Employee Stock Purchase Plan

Stock News
03/10

BEIGENE (06160) has announced that the new enrollment period for its 2018 Employee Stock Purchase Plan will run from March 2, 2026, to August 31, 2026. Eligible employees will purchase shares, including those in the form of American Depositary Shares, following the conclusion of the enrollment period. The purchase funds will be deducted from their salaries earned during the enrollment period. The 2018 plan allows eligible staff to subscribe for shares at a 15% discount to the market price. Employees can acquire the shares after the enrollment period ends, with the cost deducted from their pay earned during that period. The 2018 Employee Stock Purchase Plan is administered by the Board's Compensation Committee. The company believes that continually providing employees with the opportunity to obtain an ownership stake in the company through this plan encourages their continued employment and better aligns their interests with those of the company's shareholders, which is in the best interests of both the company and its shareholders.

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