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Star Group Asia Grants 34.1 Million Share Options to Directors and Staff

Story Highlights
  • Star Group Asia granted 34.1 million share options to directors and employees at HK$0.145 per share.
  • The options vest after 12 months, lack performance targets and clawbacks, and aim to align staff with long-term growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Star Group Asia Grants 34.1 Million Share Options to Directors and Staff

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Star Group Company Limited ( (HK:1560) ) just unveiled an update.

Star Group Asia Limited has granted 34.1 million share options to its directors and employees under its existing share option scheme, with each option entitling the holder to subscribe for one ordinary share at an exercise price of HK$0.145. The options, which vest fully after 12 months and are exercisable from January 29, 2027 to January 28, 2036, are intended as a recognition of key management roles and a tool to strengthen alignment with the company’s long‑term performance and governance, despite having no performance targets or clawback mechanism attached and relying instead on scheme rules that cause options to lapse if participants leave or breach the rules.

The most recent analyst rating on (HK:1560) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Star Group Company Limited stock, see the HK:1560 Stock Forecast page.

More about Star Group Company Limited

Star Group Asia Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating through its subsidiaries and employing directors and staff who are eligible to participate in its long-term incentive schemes. The group is focused on aligning management and employee interests with shareholders through equity-based compensation under its share option scheme adopted in 2016.

Average Trading Volume: 157,304

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$81.47M

See more data about 1560 stock on TipRanks’ Stock Analysis page.

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