Sinotrans (HK:0598) has released an update.
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Sinotrans Limited has announced an adjustment to the exercise price of its Share Option Scheme due to the distribution of its 2023 final dividend, setting the new exercise price at RMB3.62 per share. This adjustment is in line with the terms of the Share Option Scheme and is not expected to materially impact the company’s financial position or operating results. Legal and supervisory reviews confirm the adjustment’s compliance with regulatory measures and fairness to stakeholders.
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