Meitu grants 16.5 million share awards under employee incentive scheme

Reuters
Apr 01
Meitu grants 16.5 million share awards under employee incentive scheme
  • Meitu granted 16,456,530 share awards under its share award scheme on April 1, 2026, equal to about 0.36% of shares outstanding excluding treasury shares.
  • Allocation covered 16,232,215 awards for employees plus 224,315 awards for service providers tied to core businesses.
  • Vesting starts April 1, 2027 for a special grant, with remaining awards vesting in equal annual tranches over 24 months from grant date.
  • Awards carry nil purchase price on vesting; shares closed at HKD 4.41 on April 1, 2026.
  • Meitu will decide in December 2026 how much of settlement uses new shares versus treasury shares; 392,509,341 shares remained available for future grants after grant.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meitu Inc. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260401-12092855), on April 01, 2026, and is solely responsible for the information contained therein.

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