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Cocoon Holdings Announces Share Options Grant to Incentivize Participants

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Cocoon Holdings Announces Share Options Grant to Incentivize Participants

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Cocoon Holdings Limited ( (HK:0428) ) has provided an update.

Cocoon Holdings Limited has announced the grant of 4,316,722 share options to certain eligible participants, under its Share Option Scheme adopted in June 2022. The options, which are exercisable at HK$0.381 per share, aim to incentivize and recognize the contributions of the grantees to the company. Although the options do not have a minimum vesting period or performance targets, they are designed to align the participants’ interests with the company’s performance and market value.

More about Cocoon Holdings Limited

YTD Price Performance: -5.13%

Average Trading Volume: 1,296,837

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$31.43M

See more insights into 0428 stock on TipRanks’ Stock Analysis page.

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