Tiangong International Grants 30 Million Share Options to Directors and Employees

Reuters
Jan 20
Tiangong International Grants 30 Million Share Options to Directors and Employees

Tiangong International Company Limited has announced the grant of 30,000,000 share options under its Share Option Scheme. Of these, 2,040,000 share options were allocated to four executive directors: Chairman Zhu Xiaokun (600,000), CEO Zhu Zefeng (600,000), Wu Suojun (600,000), and Jiang Guangqing (240,000). The remaining 27,960,000 share options were granted to employees of the Group. The share options are subject to performance targets and conditions set by the Board, and will lapse if the grantee’s employment with the company ends.

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