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Beijing Capital Jiaye Property Services Co., Ltd. Class H ( (HK:2210) ) has issued an update.
Beijing Capital Jiaye Property Services Co., Ltd. has announced that performance conditions for the first batch of share appreciation rights (SARs) granted under its incentive scheme have not been met, based on its financial results for the year ended 31 December 2024. As a result, the 3,420,000 SARs under the initial grant, which were due to become exercisable from 19 December 2025, and the 400,000 SARs under the reserved grant, originally scheduled to become exercisable from 16 December 2026, will not be exercisable and are to be cancelled, including 370,000 SARs held by three participants who have lost eligibility due to retirement and reassignment. The company stated that the cancellation of these 3.82 million SARs is not expected to have a material impact on its financial position or operating results, and emphasized that its management team remains committed to working diligently and creating value for shareholders.
More about Beijing Capital Jiaye Property Services Co., Ltd. Class H
Beijing Capital Jiaye Property Services Co., Ltd. is a property services provider incorporated in the People’s Republic of China and listed in Hong Kong. The company operates in the property management industry, offering management and related services to property owners and stakeholders, and is overseen by a board comprising executive, non-executive and independent non-executive directors.
Average Trading Volume: 26,832
Technical Sentiment Signal: Sell
Current Market Cap: HK$382.8M
Learn more about 2210 stock on TipRanks’ Stock Analysis page.