Summary by Futu AI
Miner Energy announced on February 23, 2024 that the first lifting of the limit sale condition of its 2021 A share restricted stock incentive plan has been achieved and that it will repurchase some of the restricted shares of the incentive. According to the legal submission from the Shanghai Kam Tiancheng Law Firm, the company has obtained the necessary approvals and authorizations and complies with the relevant administrative measures and incentive schemes. The number of restricted shares outstanding at this time was 2916.342 million shares representing 0.392% of the Company's total share capital. IN ADDITION, THE COMPANY WILL REPURCHASE ALL RESTRICTED SHARES HELD BY 16 INCENTIVES THAT ARE NO LONGER ELIGIBLE FOR INCENTIVE CONDITIONS FOR REASONS SUCH AS JOB POSTINGS, AS WELL AS SOME OF...Show More