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LX Technology Group Limited ( (HK:2436) ) just unveiled an announcement.
LX Technology Group Limited has granted a total of 1,331,100 share awards under its Beauty Bear Employee Incentive Plan’s restricted share award scheme to 78 participants, including two directors and 76 employees, representing about 0.38% of its issued share capital. The awards, which carry a nominal purchase price of HK$0.01 per share and a market value of approximately HK$18.18 million based on the grant-date closing price, will vest in full on the first anniversary of the award date subject to annual performance appraisals that determine vesting levels and are subject to a clawback mechanism, underscoring the company’s strategy to align management and employee incentives with corporate performance and retention objectives.
The most recent analyst rating on (HK:2436) stock is a Sell with a HK$13.50 price target. To see the full list of analyst forecasts on LX Technology Group Limited stock, see the HK:2436 Stock Forecast page.
More about LX Technology Group Limited
LX Technology Group Limited, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, operates through a group structure with a workforce that includes directors and a broad base of employees eligible for equity-based incentives under its Beauty Bear Employee Incentive Plan.
Average Trading Volume: 151,459
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.95B
See more insights into 2436 stock on TipRanks’ Stock Analysis page.