Fosun International Grants Share Options, Share Awards

MT Newswires Live
06-30

Fosun International (HKG:0656) granted 49,530,000 share options to 154 participants under its share option scheme, according to a Friday filing with the Hong Kong bourse.

Shares fell 1% during late afternoon trading on Monday.

Participants will be eligible to subscribe for the same amount of shares at HK$4.73 apiece, the filing said.

Co-Chief Executive Officers Chen Qiyu and Xu Xiaoliang will have 2 million options each, while Directors Gong Ping, Huang Zhen and Pan Donghui will have 1.2 million options each, the filing said.

Meanwhile, Fosun also granted 15,213,000 share awards to 91 eligible participants at HK$4.73 apiece, the filing said.

The company granted 5,594,000 shares to directors, including both Chen and Xu, with 1.8 million shares each, the filing said.

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