Television Broadcasts Limited Grants Employee Share Options

Television Broadcasts Limited (HK:0511) has released an update.

Television Broadcasts Limited has announced the grant of 6,900,000 share options to directors and employees under its 2017 Share Option Scheme, with each option allowing the purchase of one share at HK$3.410. These options are exercisable over a ten-year period starting from July 3, 2024, with a four-year vesting period. The initiative aims to incentivize and reward the recipients for their contributions to the company, aligning their interests with long-term shareholder value.

For further insights into HK:0511 stock, check out TipRanks’ Stock Analysis page.