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The latest announcement is out from Qiniu Limited ( (HK:2567) ).
Qiniu Limited has approved the grant of 23,513,000 existing shares at no purchase price under its 2025 Share Award (Existing Shares) Scheme to 44 eligible participants, including two directors and other employees. The closing price of the shares prior to grant was HK$0.47, with 13,600,000 shares allocated to directors and 9,913,000 shares to non-director employees.
Of the total grant, 800,000 shares will vest in four equal instalments over three years starting from late 2026 or early 2027, depending on the individual grantee, while the remaining 22,713,000 shares will vest on the second anniversary of the grant date. The use of existing shares means the grant is not subject to minimum vesting requirements under Hong Kong listing rules, giving the board flexibility to use equity awards as a retention and incentive tool and to accelerate vesting at its discretion.
More about Qiniu Limited
Qiniu Limited, incorporated in the British Virgin Islands and re-domiciled in the Cayman Islands, is listed on the Hong Kong Stock Exchange under stock code 2567. The company operates as a holding entity for a group of subsidiaries and consolidated affiliated entities, though the announcement does not specify its particular industry or core products and services.
Average Trading Volume: 3,855,908
Technical Sentiment Signal: Sell
Current Market Cap: HK$941.7M
See more insights into 2567 stock on TipRanks’ Stock Analysis page.