Black Sesame International Holding Ltd. Announces New Post-IPO Share Compensation Plan and Enhanced Corporate Governance Measures
Reuters
Sep 30
<a href="https://laohu8.com/S/02533">Black Sesame</a> International Holding Ltd. Announces New Post-IPO Share Compensation Plan and Enhanced Corporate Governance Measures
**Black Sesame International Holding Ltd. Announces Supplemental Terms for Post-IPO Share Plan** Black Sesame International Holding Ltd. has released additional details regarding its Post-IPO Share Plan in a supplemental announcement tied to its annual report for the year ended December 31, 2024. Under the updated terms, grants of Post-IPO Options or Post-IPO Awards to any single participant that exceed 1% of the company's total issued shares within a 12-month period will require separate approval from shareholders at a general meeting. The plan also allows for flexibility in vesting schedules, including shorter vesting periods in specific administrative cases, evenly distributed vesting over 12 months, or performance-based vesting conditions. The announcement confirms that these changes supplement the company's previously disclosed arrangements, with all other information in the annual report remaining unchanged.
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