Geely Automobile Issues 200,000 New Shares Following Option Exercise

Stock News
3 hours ago

Geely Automobile Holdings Ltd (00175) has announced the issuance of 200,000 new shares, which were subscribed on September 21, 2026, following the exercise of options by a company director under the share option scheme adopted on April 28, 2023.

According to the company's filing, the share issuance was carried out in accordance with the terms of the aforementioned option plan, reflecting the director's exercise of vested options. This move increases the company's total issued share capital accordingly, though no further details regarding the subscription price or the director's identity were disclosed in the announcement.

The issuance is part of routine corporate actions under the approved incentive scheme, aimed at aligning management interests with shareholder value. The new shares rank pari passu with existing shares in all respects.

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