Digital Domain Holdings (HK:0547) has released an update.
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Digital Domain Holdings Limited has announced the grant of 220 million share options on July 26, 2024, under its Share Option Scheme, with each option exercisable at HK$0.245 per share, matching the share’s closing price on the date of grant. The options, which are valid for a period of ten years, are fully vested on the date of grant and include options granted to Dr. Elizabeth Monk Daley, an independent non-executive director. The Board believes this move incentivizes performance and aligns with the company’s growth and competitive industry positioning.
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