iDreamSky Awards Share Options with Performance Targets

iDreamSky Technology Holdings Limited (HK:1119) has released an update.

iDreamSky Technology Holdings Limited has announced the grant of 300,000 share options to an employee under their 2023 New Share Option Scheme. The options, with an exercise price of HKD2.04 per share, are set to vest over a two-year period, subject to performance targets and can be exercised over a ten-year period. The company has established a comprehensive performance appraisal system to adjust the vesting percentage of the share options based on annual performance scores.

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