DTXS SILK ROAD (00620) Proposes to Adopt New Share Option Scheme

Stock News

09/29

DTXS SILK ROAD (00620) announced that the company's 2012 Share Option Scheme adopted on December 6, 2012, expired on December 5, 2022 (the tenth anniversary of the scheme's adoption). Following the expiration of the 2012 Share Option Scheme, no further share options may be offered or granted thereunder. As of the date of this announcement, a total of 10 million share options under the 2012 Share Option Scheme remain unexercised, and these options will continue to be valid and exercisable within the exercise period as stipulated under the 2012 Share Option Scheme. Given that the 2012 Share Option Scheme has expired, the Board proposes to adopt a new share option scheme under Chapter 17 of the Listing Rules to provide incentives or rewards to participants for their contributions or potential contributions to the growth and development of the Group.

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