Major Holdings Ltd. has announced new compensation terms related to its Share Option Scheme as detailed in their supplemental announcement to the 2024 Annual Report. The vesting period for any option granted under the scheme will commence on the acceptance date and span at least twelve months, unless specified otherwise. Each grantee must pay HK$1.00 to accept the grant of options within thirty days of the offer. A total of 33,260,000 shares are available for issuance under this scheme, representing 6.0% of the company's total issued shares. These changes are effective as of the annual report dated 14 June 2024.
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