Landrich Holding Ltd. Announces New Compensation Plan with Updated Share Award and Option Schemes
Landrich Holding Ltd. has announced updates to its compensation terms through the Share Award Scheme and the Share Option Scheme, as detailed in their 2024 Annual Report. Under the Share Award Scheme, 252,000 awarded shares lapsed during the year ending March 31, 2024, with no cancellations recorded. Meanwhile, the Share Option Scheme remains robust, with 160,000,000 shares available for issue, representing approximately 10% of the issued shares as of the report's date. The Share Option Scheme continues to have a remaining life of about five years, providing strategic long-term incentives for the company's stakeholders.
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