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An announcement from Kangda International Environmental Co Ltd ( (HK:6136) ) is now available.
Kangda International Environmental has issued a supplemental announcement clarifying the vesting terms of share options recently proposed under its share option scheme. The company stated that the first tranche of options granted to a grantee may vest within 12 months of the grant date, although the overall vesting period will extend beyond 12 months.
The board and remuneration committee said a shorter vesting period for part of the grant is justified because the options are tied to specific performance-based conditions rather than purely time-based service. They emphasized that the structure is intended to motivate the grantee to support the group’s operations, development and strategic growth, and confirmed that all other details of the original option grant announcement remain unchanged.
More about Kangda International Environmental Co Ltd
Kangda International Environmental Company Limited is a Hong Kong-listed environmental services provider focused on wastewater treatment and related environmental infrastructure. The company operates through a group structure and uses incentive schemes, including share options, to align employees with its long-term operational and strategic goals.
Average Trading Volume: 1,332,526
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.68B
For an in-depth examination of 6136 stock, go to TipRanks’ Overview page.