Summary by Futu AI
SIMMOR INTERNATIONAL ANNOUNCED ON MARCH 27, 2024 THAT IT HAS GRANTED A TOTAL OF 580,000 SHARES TO FIVE ELIGIBLE EMPLOYEES. Under the Share Option Plan adopted on 15 June 2020, the share option has an exercise price of HK$6.85 per share and is valid for 10 years from the date of grant until 26 March 2034. Share options will be allocated in stages from 2025 to 2028 with performance targets and a rebate mechanism. Following the grant, 95,850,372 shares remain available for future issuance under the Share Option Plan.