JXR (01951) Proposes Adoption of 2025 Share Scheme

Stock News

Sep 25

JXR (01951) announced that its board of directors has resolved to propose the adoption of a 2025 share scheme, subject to shareholder approval, to further align the long-term interests of the company's directors and key employees with those of the company, and to incentivize them to continue driving the company's growth and development.

The 2025 share scheme will constitute a share scheme funded through the issuance of new shares under Chapter 17 of the Listing Rules.

On September 25, 2025, conditional upon the effectiveness of the 2025 share scheme, the board of directors resolved to, among other things: (i) grant a total of 137,235,000 share options to management grantees under the 2025 share scheme, including conditional grants to Mr. Dong Yang which are also subject to conditional approval by independent shareholders at a special general meeting; and (ii) grant a total of 2.4 million share options and 1.2 million restricted shares to non-executive grantees under the 2025 share scheme.

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