International Genius Company Announces New Share Option Scheme with 10-Year Exercise Period

Reuters
Jun 27
International Genius Company Announces New Share Option Scheme with 10-Year Exercise Period

International Genius Company has announced a new share option scheme as part of their compensation plan, following the extraordinary general meeting held on June 21, 2024. As of June 30, 2024, a total of 55,824,510 shares, representing 10% of the company's total issued share capital, are available for issue under the scheme. The options can be exercised within a period determined by the Board, not exceeding 10 years from the grant date, with a minimum vesting period of 12 months. This scheme is aimed at aligning the interests of the employees with that of the company's growth and success.

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