World Houseware (Holdings) Ltd. has announced updates to its share option schemes, with 79,211,742 shares-equivalent to approximately 10% of the company's issued shares-now available for issue under the plan. Options granted under the scheme, which was adopted on 13 June 2024, are subject to vesting periods of at least 12 months and are not tied to specific performance targets. The company also confirmed that there is no clawback mechanism attached to these options, as option lapse and cancellation provisions are already in place. During the year ended 31 December 2024, 5,590,000 share options were granted, representing around 0.71% of the weighted average number of issued shares.
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