Pico Far East Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced the granting of share options to select directors and employees as part of their compensation plan. On May 26, 2025, the company granted a total of 6,764,000 options under its share option scheme. These options allow grantees to subscribe to new shares at an exercise price of HK$2.140, with the closing price on the date of grant being HK$2.090. The vesting period for these options spans from May 27, 2025, to November 2, 2026. A significant portion of the options, totaling 5,014,000, has been allocated to directors, including Executive Directors Lawrence Chia Song Huat, Jean Chia Yuan Jiun, and Mok Pui Keung. The initiative is in accordance with the rules governing stock exchange listings in Hong Kong, and post-grant, the company retains 98,281,810 shares available for future option grants.
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.