Greentown Service Group Issues Share Options

Greentown Service Group Co. Ltd. (HK:2869) has released an update.

Greentown Service Group Co. Ltd. has announced the granting of 71,242,600 share options to its directors, senior management, and employees, with an exercise price of HK$3.494 per share. These options are part of an incentive plan and are exercisable over a 10-year period starting from June 26, 2024, subject to the achievement of certain performance targets. The vesting schedule allows for a staggered release of the options over the following three years, with the board retaining the discretion to accelerate this schedule.

For further insights into HK:2869 stock, check out TipRanks’ Stock Analysis page.