Summary by Futu AI
METO CORPORATION (THE “COMPANY”) AWARDED A TOTAL OF 26,391,079 SHARE AWARDS TO EMPLOYEES AND CONSULTANTS UNDER THE SHARE AWARD SCHEME ON APRIL 1, 2024, REPRESENTING APPROXIMATELY 0.58% OF THE TOTAL SHARES ISSUED. The award aims to reward and retain talent and align their interests with those of the company. Employees were granted 25,081,079 shares, and consultants were granted 1,310,000 shares. After the award, the share award will be received at a zero purchase price. Share awards will be allocated on an average of 24 months, while some awards for specific employees have performance targets. The Board of Directors stated that this move would help support the expansion of the company's overseas business. After the grant, 37,661,521 shares remain available for future issuance under the Share Award Scheme.