tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Value Convergence Grants 24.7 Million Share Options to Directors and Staff

Story Highlights
  • Value Convergence granted 24.7 million options to 42 directors and staff at HK$0.295 per share.
  • The four-year options, vesting in 2027 without performance or clawback terms, aim to align and retain key personnel.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Value Convergence Grants 24.7 Million Share Options to Directors and Staff

Claim 50% Off TipRanks Premium

The latest announcement is out from Value Convergence Holdings Limited ( (HK:0821) ).

Value Convergence Holdings Limited has granted 24.7 million share options to 42 eligible participants, including directors, subsidiary directors and employees, under its share option scheme adopted in May 2023. The options, exercisable at HK$0.295 per share, will be valid for four years from 26 January 2026 and will fully vest on 27 January 2027, with no performance targets or clawback mechanisms attached. The company’s board and remuneration committee say the grant is intended to motivate and retain key personnel, align their interests with those of shareholders, and support the group’s long-term competitiveness and growth, while confirming that no financial assistance has been provided to grantees to acquire the shares.

The most recent analyst rating on (HK:0821) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on Value Convergence Holdings Limited stock, see the HK:0821 Stock Forecast page.

More about Value Convergence Holdings Limited

Value Convergence Holdings Limited is a Hong Kong-incorporated company listed on the Stock Exchange of Hong Kong that operates through a group structure, employing directors and staff across the parent and its subsidiaries. The group focuses on delivering business performance, sustainable development and good corporate governance, and uses equity-based incentives to align management and employee interests with those of shareholders.

Average Trading Volume: 255,264

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$88.91M

Learn more about 0821 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1