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The latest announcement is out from Virtual Mind Holding Company Limited ( (HK:1520) ).
Virtual Mind Holding Company Limited has announced the grant of 4,050,000 Award Shares to three employees under its Share Award Scheme. The shares, valued at HK$6,399,000 based on the closing price of HK$1.58 per share, are subject to a 12-month vesting period and performance targets. The scheme includes a clawback mechanism to address issues such as financial misstatements or misconduct by employees. The grants do not require shareholder approval and do not exceed 1% of the company’s shares in issue.
More about Virtual Mind Holding Company Limited
Average Trading Volume: 6,497,953
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.1B
For a thorough assessment of 1520 stock, go to TipRanks’ Stock Analysis page.