Pico Far East Holdings Announces New Share Options Plan for Directors and Employees, Granting 6.76 Million Options

Reuters
2025/05/26
<a href="https://laohu8.com/S/PCOFF">Pico Far East Holdings</a> Announces New Share Options Plan for Directors and Employees, Granting 6.76 Million Options

Pico Far East Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced the granting of share options to select directors and employees as part of their compensation plan. On May 26, 2025, the company granted a total of 6,764,000 options under its share option scheme. These options allow grantees to subscribe to new shares at an exercise price of HK$2.140, with the closing price on the date of grant being HK$2.090. The vesting period for these options spans from May 27, 2025, to November 2, 2026. A significant portion of the options, totaling 5,014,000, has been allocated to directors, including Executive Directors Lawrence Chia Song Huat, Jean Chia Yuan Jiun, and Mok Pui Keung. The initiative is in accordance with the rules governing stock exchange listings in Hong Kong, and post-grant, the company retains 98,281,810 shares available for future option grants.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pico Far East Holdings Limited published the original content used to generate this news brief on May 26, 2025, and is solely responsible for the information contained therein.

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