REFIRE Proposes Adoption of 2025 H-Share Incentive Scheme

Deep News
Oct 20

REFIRE (02570) has announced that its board of directors, during a meeting held on October 17, 2025 (Friday), resolved to propose the adoption of the 2025 H-Share Incentive Scheme. The maximum limit for the 2025 H-Share Incentive Scheme will be set at 3 million H shares, representing the highest number of H shares that the trustee may purchase at current market prices in accordance with listing rules and other applicable laws and regulations.

Additionally, during the same board meeting on October 17, 2025, the directors also decided to propose amendments to the pre-IPO share option scheme. The amendments extend the first exercise period from the last trading day of the 12 months post-waiting period to the last trading day of the 24 months post-waiting period. These amendments will be subject to review and approval by shareholders at an extraordinary general meeting before they can take effect.

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