Aluminum of China (HK:2600) has released an update.
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Aluminum Corporation of China has announced that the first unlocking period of its 2021 Restricted Share Incentive Scheme is set to commence, with 44,392,758 shares becoming available for trading on June 20, 2024. The release also outlines the compliance obligations of directors and senior management regarding the trading of these shares, in accordance with Chinese securities laws and corporate regulations. The unlocking of these shares will modify the company’s share capital structure, specifically increasing the number of shares not subject to sales restrictions.
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