The United Laboratories International Holdings (HK:3933) has released an update.
The United Laboratories International Holdings Limited has issued a supplemental announcement to its 2023 Annual Report, highlighting key updates in its Share Award Scheme. The company has granted 12,096,900 shares to directors and select employees, aimed at rewarding their dedication and aligning their interests with those of the shareholders, with no new shares issued as a result. The shares, to be vested between 2024 and 2026, were acquired through on-market transactions and are part of a plan that allows for up to 10% of the company’s issued shares as of October 26, 2023, to be awarded.
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