Automated Systems Unveils New Share Scheme for Employees

Automated Systems Holdings Limited (HK:0771) has released an update.

Automated Systems Holdings Limited has announced the grant of 6,450,000 Restricted Share Units (RSUs) to 17 employees under its new share scheme, accounting for approximately 0.77% of its issued shares. These RSUs, which are priced at no cost to the grantees, will vest over a period of three years subject to performance targets and continued employment. This strategic move could potentially enhance employee retention and align interests with shareholders, making it an intriguing development for market watchers.

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