China General Education Group Announces Details of New RSU Scheme

China General Education Group Limited ( (HK:2175) ) has provided an announcement.

China General Education Group Limited has released a supplemental announcement regarding its 2024 Annual Report, specifically focusing on the details of its new Restricted Share Unit (RSU) Scheme. The RSU Scheme is designed to incentivize employees, advisors, consultants, and other contributors to the company’s growth by granting them share units. The scheme allows the Board to select participants and grant RSUs without a maximum entitlement limit, subject to the company’s listing rules. The announcement clarifies that no RSUs have been granted yet, and the maximum number of shares that can be awarded under the scheme remains unchanged. This initiative is expected to align the interests of key stakeholders with the company’s long-term growth objectives.

More about China General Education Group Limited

China General Education Group Limited operates in the education sector, focusing on providing educational services and solutions. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 149,755

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.38B

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