Summary by Futu AI
Digital Domain Group Limited announced on July 26, 2024 that, under the share option scheme adopted on June 16, 2022, it granted eligible participants the right to subscribe for 220,000,000 ordinary shares of the company's share capital at an exercise price of HKD 0.245 per share. The share options are valid for 10 years. Among them, independent non-executive director Dr. Elizabeth Monk Daley was granted 2,000,000 share options. This authorization is intended to reward and retain employees who have contributed to the group, and does not set performance targets. After the grant, the remaining number of shares available for future grants under the share option scheme is 212,902,762 shares.