Horizon Construction Development Limited (HK:9930) has released an update.
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Horizon Construction Development Limited has announced the grant of up to 15,330,000 share options to selected participants under their Share Option Scheme, representing about 0.48% of the total shares issued. These options, priced at HK$1.45 each, can be exercised within a 10-year period, with a vesting schedule over three years and are tied to specific performance targets. The initiative aims to incentivize and reward the employees based on the company and individual performance metrics.
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