Unity Group Holdings International Limited (stock code: 1539) has confirmed the adoption of a Share Award Scheme effective 27 February 2026. According to the announcement, the scheme will be solely funded by existing shares and is set to run for 10 years from its adoption date unless terminated earlier by a board resolution.

The primary intent is to recognize and incentivize certain employees, officers, and directors, and to attract suitable personnel for ongoing development. Eligible participants include individuals employed by the group, while those in jurisdictions where the granting of awards may breach local regulations will be excluded. The scheme will not involve issuing new shares under Chapter 17 of the Listing Rules; however, it remains a share scheme subject to the disclosure requirements under Rule 17.12.

Administration of the scheme will be handled by an appointed trustee, with share purchases directed by the board and funded by contributions from the company, subsidiaries, or significant shareholders. Awarded shares vest on dates set out under scheme rules, and selected individuals gain full share entitlements once vesting conditions are met. Voting rights tied to shares held by the trustee will not be exercised, and participants do not receive dividends prior to full vesting.

In line with the announcement, the maximum number of granted shares under the scheme and any other share schemes instituted by Unity Group Holdings International Limited cannot exceed 10% of the issued share capital on the adoption date. Any proposed grant of awards exceeding 1% of the company's issued shares to a single participant within any 12-month period requires separate shareholder approval.

The trustee appointed for the scheme is a licensed corporation under the Securities and Futures Ordinance in Hong Kong, authorized for regulated activities in dealing in securities, advising on securities, and asset management. The scheme’s termination conditions stipulate that if it is not ended earlier, it will cease operation on the tenth anniversary of its adoption date, without affecting any subsisting rights of participants. The formal details can be found in the official announcement dated 27 February 2026.