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Tongguan Gold Group Ltd. Grants Share Options to Directors and Employees

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Tongguan Gold Group Ltd. Grants Share Options to Directors and Employees

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The latest update is out from Tongguan Gold Group Ltd. ( (HK:0340) ).

Tongguan Gold Group Ltd. has announced the grant of 81,540,000 share options under its 2024 Share Option Scheme. These options, representing approximately 1.85% of the total shares in issue, are allocated to certain directors and employee participants, with a notable portion going to directors. The exercise price is set at HK$1.92 per share, matching the closing price on the grant date. This move is likely aimed at incentivizing key personnel and aligning their interests with the company’s long-term goals.

More about Tongguan Gold Group Ltd.

YTD Price Performance: 253.06%

Average Trading Volume: 27,655,422

Technical Sentiment Signal: Buy

Current Market Cap: HK$7.61B

For a thorough assessment of 0340 stock, go to TipRanks’ Stock Analysis page.

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