PCCW Limited has announced the grant of share awards under its 2024 Share Award Scheme. On May 28, 2025, the company issued a total of 1,569,031 share awards to employee participants. These awards, granted at no purchase price, are set to vest in different periods between May 2026 and May 2027. The closing price of the shares on the date of the grant was HK$5.14 per share. The grants were determined by the company's Remuneration Committee based on the performance of both the company and the individual employees. There are no performance targets attached to the vesting, nor is there a clawback mechanism in place for the awarded shares.
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. PCCW Limited published the original content used to generate this news brief on May 28, 2025, and is solely responsible for the information contained therein.