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Cosmo Lady (China) Holdings Co. Ltd. ( (HK:2298) ) has provided an announcement.
Cosmo Lady (China) Holdings Co. Ltd. has announced the grant of 14,000,000 share options to 23 employees under its Share Option Scheme. This move, representing 0.62% of the company’s total issued share capital, is aimed at incentivizing the core management team of the e-commerce business department. The options, priced at HK$0.38 per share, will vest one year from the grant date and can be exercised over a five-year period, contingent on the grantees’ continued employment and performance. This strategic initiative is expected to enhance employee retention and align the interests of the management team with the company’s growth objectives.
The most recent analyst rating on (HK:2298) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Cosmo Lady (China) Holdings Co. Ltd. stock, see the HK:2298 Stock Forecast page.
More about Cosmo Lady (China) Holdings Co. Ltd.
Cosmo Lady (China) Holdings Co. Ltd. is a company incorporated in the Cayman Islands, primarily involved in the apparel industry. The company focuses on providing intimate wear and related products, catering to a diverse market with a particular emphasis on e-commerce channels.
Average Trading Volume: 8,112,216
Technical Sentiment Signal: Buy
Current Market Cap: HK$767.7M
Learn more about 2298 stock on TipRanks’ Stock Analysis page.