YEE HOP (1662) Announces Grant of 5.5 Million Share Options

Bulletin Express
Oct 24

Yee Hop Holdings Limited (Stock Code: 1662) announced the grant of a total of 5,500,000 share options on 24 October 2025 under its existing share option scheme. These options were granted to two eligible participants, comprising an executive director and chief executive officer of the company, and a director of a subsidiary.

Each option carries the right to subscribe for one ordinary share at an exercise price of HK$3.40 per share. According to the announcement, the vesting date for all granted options is set for 26 October 2026, subject to continued service and compliance with public float requirements. The options will remain valid for five years from the grant date, and each grantee is required to pay HK$1 upon acceptance.

No performance target is attached to the share options. The company’s remuneration committee believes that the grant aligns with the scheme’s purpose of recognizing and motivating key contributors within the group. The announcement also notes that a clawback mechanism applies under the share option scheme for potential lapses or cancellations, and no financial assistance will be provided to participants for share purchases.

Following this grant, 44,500,000 shares remain available for future grants under the scheme’s mandate limit.

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