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Café de Coral Grants Share Options to Employees

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Café de Coral Grants Share Options to Employees

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Cafe de Coral Holdings Ltd. ( (HK:0341) ) has issued an update.

Café de Coral Holdings Limited has announced the grant of share options to certain employees, allowing them to subscribe for a total of 646,000 ordinary shares at an exercise price of HK$7.496 per share. This move is part of their share option scheme adopted in 2022, aimed at incentivizing employees and aligning their interests with the company’s long-term goals. The options will vest in five tranches over a period from 2028 to 2032, contingent on personal performance targets and subject to a clawback mechanism in cases of misconduct or financial misstatement. This initiative reflects the company’s commitment to fostering employee engagement and enhancing its competitive positioning in the market.

The most recent analyst rating on (HK:0341) stock is a Hold with a HK$6.52 price target. To see the full list of analyst forecasts on Cafe de Coral Holdings Ltd. stock, see the HK:0341 Stock Forecast page.

More about Cafe de Coral Holdings Ltd.

Café de Coral Holdings Limited is a company incorporated in Bermuda, primarily operating in the food and beverage industry. It is listed on the Hong Kong Stock Exchange and offers a range of dining services, focusing on providing quality meals to a diverse customer base.

Average Trading Volume: 2,089,042

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.26B

Learn more about 0341 stock on TipRanks’ Stock Analysis page.

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