Tianqi Lithium Plans New Incentive Share Schemes

Tianqi Lithium Corp. Class H (HK:9696) has released an update.

Tianqi Lithium Corp. has announced plans to introduce two new restricted share schemes in 2024, aimed at incentivizing and retaining key contributors, as well as attracting new talent. The H Share Restricted Share Scheme will use ordinary H Shares issued to a trust fund, while the A Share Restricted Share Incentive Scheme will utilize A Shares repurchased from the market in 2022. Approval from the company’s shareholders will be sought at an extraordinary general meeting, with further details to be provided in a forthcoming circular.

For further insights into HK:9696 stock, check out TipRanks’ Stock Analysis page.