International Housewares Retail Grants 1.7 Million Shares as Incentive
MT Newswires Live
May 13
International Housewares Retail (HKG:1373 granted nearly 1.7 million awarded shares to certain grantees at nil consideration, according to a Tuesday Hong Kong bourse filing.
The houseware retailer's shares were up over 1% in Wednesday afternoon trading.
Of the total shares, which represent 0.2% of the firm's issued share capital, 80,000 were granted to executive Director Cheng Sing Yuk and the remaining to certain other employees, subject to acceptance.
The company now has a little over 15.9 million shares available for future grant under the scheme.
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