Li Auto Grants Share Options, RSUs

MT Newswires Live
06/16

Li Auto (HKG:2015) granted 35 million share options and 5.6 million restricted share units (RSUs) to various grantees on Monday, according to a same-day Hong Kong bourse filing.

Shares of the auto company were down over 1% in Tuesday afternoon trading.

Of the total, 35 million share options were granted to two directors and one senior management member, while nearly 5.6 million restricted share units (RSUs) were granted to one director and 99 employees.

The options are exercisable into 17.5 million American Depositary Shares (ADSs), representing 1.62% shares in the company, at $14.380 per ADS.

The RSUs represent the same number of shares, representing 0.26% of the company's issued share capital.

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