Ngai Hing Hong Company Ltd. Announces New Share Option Scheme Details in Supplemental Annual Report
Ngai Hing Hong Company Ltd. has announced new details regarding its compensation plan under the New Share Option Scheme. As disclosed in the supplemental announcement to the annual report for the year ended 30th June 2024, the company has established a vesting period for the options, which is set at a minimum of twelve months. The scheme, adopted on 17th November 2022, allows for a maximum of 36,920,000 shares to be issued upon exercise of the options, adhering to a General Mandate Limit of 10% of the shares in issue as of the adoption date. Notably, no share options have been granted since the scheme's inception.
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