China Literature (HK:0772) has released an update.
China Literature Limited has announced the grant of 2,747,957 share options to certain employees, including Director Mr. Hou Xiaonan, under its Share Option Plan. These options can be exercised at HK$25.29 per share, with a ten-year validity and a four-year vesting period in tranches, without any performance targets. The move aims to incentivize and reward contributions, fostering a sense of ownership among the grantees to enhance their performance and commitment to the company.
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