Pentamaster International Limited (HK:1665) has released an update.
Pentamaster International Limited has announced the grant of 6,035,000 shares to selected employees, including an executive director, as part of their Share Award Scheme, which amounts to about 0.25% of the total shares. These shares, which were granted to reward past performance and incentivize long-term growth, will vest in three equal portions over the next two years starting from August 7, 2024. The company has ensured compliance with the Listing Rules and clarified that the grant does not require shareholder approval.
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