Nine Dragons Paper Clarifies 2016 Share Option Scheme in 2024 Annual Report

Nine Dragons Paper Holdings ( (HK:2689) ) just unveiled an announcement.

Nine Dragons Paper Holdings Limited has released a supplemental announcement regarding its 2024 Annual Report, providing additional details on its 2016 Share Option Scheme. The company has not granted any options under this scheme for the year ended June 30, 2024, with 466,622,081 shares available for grant. This represents approximately 9.94% of the company’s total ordinary shares. The announcement clarifies the terms of the option scheme, including the exercise period and acceptance process, without affecting other information in the annual report.

The most recent analyst rating on (HK:2689) stock is a Hold with a HK$3.80 price target. To see the full list of analyst forecasts on Nine Dragons Paper Holdings stock, see the HK:2689 Stock Forecast page.

More about Nine Dragons Paper Holdings

Nine Dragons Paper Holdings Limited is a leading paper manufacturing company based in Hong Kong. The company primarily focuses on producing packaging paper, recycled printing and writing paper, and specialty paper products, serving a diverse market that includes packaging and printing industries.

Average Trading Volume: 5,610,629

Technical Sentiment Signal: Hold

Current Market Cap: HK$15.3B

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