Li Ning Company Limited has announced the grant of 11,017,500 share options under its Share Option Scheme, as per the rules governing the listing of securities on the Hong Kong Stock Exchange. Notably, 1,944,200 options were allocated to Executive Chairman and Joint CEO, Li Ning, representing 0.08% of the shares in issue as of the adoption date. The grant, approved by independent non-executive directors, does not require specific performance targets but aligns with the company's objectives through a time-vesting structure. The company confirmed that no financial assistance will be provided to grantees for purchasing shares under this scheme.
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