Summary by Futu AI
Minerals Energy announced on March 4, 2024 that the first delisting period of its 2021 A-share restricted stock incentive plan has been completed and will be lifted and put on the market on March 8, 2024. The incentive scheme originally granted 1203 incentive restricted shares, but due to some of the incentive objects being ineligible, 2916.342 million restricted shares of 1201 incentive objects were eligible for removal. The Company has completed the relevant procedures in accordance with the requirements, including authorization by the General Meeting, approval of the Board of Directors and Supervisory Board, and registration of change of shares with the Shanghai branch of China Securities Registry Limited. This delisting of shares will increase the number of unrestricted shares in the company and have an impact on the company's share capital structure.