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Qidian International Co., Ltd. ( (HK:1280) ) just unveiled an announcement.
Qidian International Co., Ltd. has announced a proposed grant of share awards under its Share Award Scheme. The company will grant 1,200,000 new shares, representing approximately 0.07% of the total issued shares, to Mr. Wang Xianfu, a non-executive director. The shares will vest after twelve months and are subject to a one-year lock-up period upon vesting. The grant does not have performance targets, but the decision considered Mr. Wang’s experience in the education and training industry. This move could potentially align the interests of the director with the company’s long-term performance.
The most recent analyst rating on (HK:1280) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Qidian International Co., Ltd. stock, see the HK:1280 Stock Forecast page.
More about Qidian International Co., Ltd.
Average Trading Volume: 898,652
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.57B
See more insights into 1280 stock on TipRanks’ Stock Analysis page.