On 23 October 2025, King’s Stone Holdings Group Limited ("the Company") announced revised details regarding share option and share award grants originally disclosed on 17 October 2025. The update concerns allocations to one of the Company’s executive directors and controlling shareholders, while the terms for other directors remain unchanged.
Following the update, the number of share options granted to the executive director and controlling shareholder was reduced from 9,000,000 to 900,000, and the number of share awards declined from 1,000,000 to 100,000. Consequently, the total share options granted to all relevant directors now stands at 18,900,000 (previously 27,000,000), and total share awards granted is 2,100,000 (previously 3,000,000).
All other aspects, including the grant date of 17 October 2025, exercise price, vesting schedules, and exercise periods, remain as previously announced. Under the Share Scheme, 79,000,000 shares are now available for future grants (previously 70,000,000). The changes align with the 0.1% issuance threshold set out in Rule 17.04(3) of the Listing Rules, and the independent non-executive directors have approved the revised grants.