Summary by Futu AI
Hirschia announced on 27 May 2024 that it will implement the H Share Core Employee Share Plan (Draft) 2024, which aims to incentivize employees to create value and enhance company competitiveness through employee equity schemes. The scheme will involve no more than 30 employees, including directors (excluding independent directors) and senior management, and will draw on the company's $685 million incentive fund as a source of funds. The shares will be purchased on the Tier II market through Shanghang Tok. The plan lasts no more than 60 months and has a 12-month lock-in period. The total number of shares in the employee share plan must not exceed 10% of the total share capital of the company and the shareholding of each employee must not exceed...Show More