Far East Horizon Offers Incentive Share Options

Far East Horizon Limited (HK:3360) has released an update.

Far East Horizon Limited has announced a new offer to grant share options to selected participants, which could lead to a subscription for approximately 0.79% of the company’s total shares. The share options are exercisable at HK$5.39 each and will vest over a three-year period, with potential subscriptions totaling up to 34,521,086 shares if all grantees accept the offer. The offer is part of a share option scheme adopted by the company, designed to incentivize participants based on performance targets and contributions to the group.

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