Sheng Yuan Holdings Limited (851) released additional information regarding its 2014 Scheme in a supplemental announcement to the 2024 Annual Report. The 2014 Scheme, which expired on 14 October 2024, previously allowed for the grant of share options to certain employees and directors.

As of 1 January 2024, 16,120,129 shares were available for grant under the 2014 Scheme, representing approximately 1.83% of the total shares in issue at that time. With the scheme now expired, the number of shares available for grant has become zero as of 31 December 2024. The company clarified that the maximum limit under the 2014 Scheme was set at 5% of the total number of issued shares on the date the scheme was adopted, and no further grants can be made once that limit is reached or after the scheme's expiry date.

In accordance with the 2014 Scheme, eligible participants included certain employees, executive directors, non-executive directors, and other approved individuals. The acceptance of any offer required a remittance of HK$1.00 as consideration. Since the 2014 Scheme has expired, no options can currently be exercised.

Sheng Yuan Holdings Limited stated that this supplementary information does not affect other details disclosed in the 2024 Annual Report. All remaining information in the annual report remains unchanged.