Summary by Futu AI
On June 7, 2024, Hong Kong Broadband Network Limited (hkbn) released a supplementary announcement detailing the information related to Joint Share Incentive Plan IV in its annual report as of August 31, 2023. The announcement stated that the closing price of restricted share units granted on August 30, 2023, under the plan was HKD 4 per share, while the fair value of shares granted on the same day was HKD 0. In addition, the total number of restricted share units granted to the top five highest paid executives in the group in the same financial year accounted for 17.76% of the issued share capital. The announcement emphasized that the supplementary information does not affect other information in the annual report and confirmed that, except for the additional content, other information in the annual report remains unchanged.