Huiyuan Cowins Technology Group Cancels 174.8 Million Unvested Share Options After Vesting Conditions Unmet
Reuters
Sep 30
Huiyuan Cowins Technology Group Cancels 174.8 Million Unvested Share Options After Vesting Conditions Unmet
**Huiyuan Cowins Technology Group Cancels 174.8 Million Share Options** Huiyuan Cowins Technology Group Limited (Stock Code: 1116) has announced the cancellation of 174,800,000 unvested and unexercised share options previously granted to Sino Light Investment Advisory Limited under its Share Option Scheme. The cancellation follows the non-fulfilment of vesting conditions stipulated in the relevant consultancy agreement and the scheme. The company confirmed that, following the cancellation, there are no outstanding share options granted but yet to be exercised under the Share Option Scheme. The grant of 215,800,000 share options under the scheme remains unaffected.
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