Summary by Futu AI
Tencent Holdings Limited announced that it will grant approximately 0.3402% of the total issued shares, involving 31,781,943 incentive shares, to employee participants under the share reward plan on August 15, 2024. The grant does not require approval from the shareholders' meeting and does not include directors, major executives, or major shareholders of the company. The attribution period of the incentive shares is 18 to 48 months, and the grant conditions include certain attribution conditions and terms. In addition, the granting of rewards aims to align the interests of the recipients with the interests of the company, recognize their contributions to the company, and attract and retain talent. After the granting, there are still 236,581,123 shares available for future grants under the share reward plan, and 958,794 shares under the provision of the sub-quota.