Wynn Macau Grants 1.70 Million Nil-Cost Share Awards to Nine Employees, Equal to 0.03% of Issued Capital

Bulletin Express
May 28

Wynn Macau, Limited announced that its board granted a total of 1.70 million new shares on 28 May 2026 to nine employees under the Employee Ownership Scheme adopted in May 2023. The award tranche represents approximately 0.03% of the company’s current issued share capital.

The awards are issued at no purchase cost to the participants, with the prevailing market price of Wynn Macau shares at HK$5.60 on the grant date. Seven employees will see their awards vest in four equal installments of 25% each on 30 April 2027, 2028, 2029 and 2030, while two employees will receive one-third of their allocations on 30 April 2027, 2028 and 2029.

No performance conditions are attached. However, the awards are subject to lapse if an employee resigns, is terminated for misconduct, breaches company policy or relevant laws, or otherwise ceases to be an eligible participant. The group has not provided any financial assistance for the share subscriptions.

Settlement will be through the issuance of new shares within the existing scheme mandate. Following this grant, 482.07 million shares remain available for future grants under the main scheme limit, with an additional 10.42 million reserved for service providers.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10