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Universe Entertainment Updates Share Option Schemes in 2024 Annual Report

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Universe Entertainment Updates Share Option Schemes in 2024 Annual Report

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Universe Entertainment and Culture Group Company Limited ( (HK:1046) ) has shared an update.

Universe Entertainment and Culture Group Company Limited announced supplemental information to its 2024 Annual Report, detailing changes in its share option schemes. The Old Share Option Scheme expired in December 2023, with no remaining share options available for grant, while the New Share Option Scheme, effective from December 2023, allows for 90,663,227 share options to be granted, representing approximately 10% of the company’s issued shares. This update reflects the company’s strategic adjustments in its equity incentive plans, potentially impacting shareholder value and stakeholder engagement.

More about Universe Entertainment and Culture Group Company Limited

Universe Entertainment and Culture Group Company Limited operates in the entertainment and culture industry, focusing on providing entertainment services and cultural products. The company is incorporated in Bermuda and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: 6.25%

Average Trading Volume: 172,472

Technical Sentiment Signal: Sell

Current Market Cap: HK$317.3M

For detailed information about 1046 stock, go to TipRanks’ Stock Analysis page.

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