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