IMAX China Holding (HK:1970) has released an update.
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IMAX China Holding, Inc. has awarded 463,815 Restricted Share Units (RSUs) to five of its Directors, equating to roughly 0.14% of its issued share capital. Valued at approximately HK$4.03 million based on the current share price, these RSUs have vested immediately for non-executive directors, while the executive director’s RSUs will vest over three years. The company uses a professional trustee for the administration and vesting of these RSUs, which are part of the directors’ remuneration packages.
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