Chi Ho Development Holdings (08423) released a supplementary announcement to its annual report for the year ended 31 March 2025, addressing additional details required under the GEM Listing Rules.

As at both 1 April 2024 and 31 March 2025, the Share Option Scheme had 80.00 million options available for grant, representing approximately 10.0% of the company’s issued share capital. Throughout the financial year, no options were granted, exercised, cancelled, or lapsed, and no service-provider sub-limit was set.

The Remuneration Committee reviewed the scheme and noted that no options were awarded to directors or senior management during the period. The committee concluded that the existing structure remains appropriate for aligning participant and shareholder interests. While the scheme itself does not specify a vesting period, any future grants will observe the GEM Listing Rules’ minimum vesting requirement of 12 months.

The company stated that all other information in the FY2025 annual report remains unchanged.