Scholar Education Group Announces New Share Options Plan to Motivate and Retain Key Contributors Amidst Rapid Expansion
Scholar Education Group has announced a replacement of its share options plan aimed at recognizing and rewarding the contributions of its team members. This move comes as the Group experiences rapid expansion and seeks to align its compensation with current market conditions. The new options are set to replace the old ones, whose exercise prices were significantly higher than the current market price, thus rendering them less effective as incentives. The revised plan is designed to provide meaningful rewards, ensuring that the contributions of the Grantees continue to support the Group's ongoing growth and development.
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