Summary by Futu AI
Blue Moon Group (share code: 6993) announced on 26 March 2024 that its 2021 and 2022 share award schemes have been revised. The amendment includes an increase in the source of bonus shares, increases the program limits and limits on the award of rewards to individually selected participants, and extends the term of the 2021 Share Award Scheme to 15 years. The Board considers that these amendments will help improve the Company's ability to recognise and reward eligible participants and attract and retain talent for the long-term development of the Group. The revised Share Award Scheme applies only to existing shares and does not constitute an issue of new shares and therefore does not require shareholder approval.