Wuxi AppTec (HKG: 02359) has disclosed that, in light of its current treasury management requirements, the H-shares associated with awards to be granted under the 2025 H-Share Award Trust Scheme will no longer need to be sourced from treasury shares.

Consequently, the company has made a definitive decision to exclusively utilize existing H-shares acquired by the trustee through on-market transactions using company-provided funds as the source for all awards to be granted under the 2025 Scheme.

In view of the above, the amendment to the 2025 H-Share Award Trust Scheme, which would have involved the issuance of new shares, is no longer necessary or applicable under Chapter 17 of the Listing Rules.

As of the date of this announcement, awards involving 31,665,610 shares have been granted to 3,381 selected participants, including connected selected participants. This represents approximately 6.2031% of the company's total issued H-shares and about 1.0613% of its total issued share capital as of the announcement date.

The number of award shares granted to connected selected participants is approximately 6,131,500 H-shares, accounting for roughly 1.2011% of the total issued H-shares and about 0.2055% of the total issued share capital as of the announcement date.