Summary by Futu AI
On December 2, 2024, Geely automobiles issued new ordinary shares as part of its stock option plan. This issuance involves two parts: firstly, 453,000 shares issued as employees of the group exercised options under the stock option plan adopted on April 28, 2023; secondly, 125,500 shares issued as related entity participants exercised options. The issue price per share is HKD 9.56. As a result of these issuances, the total number of issued shares for Geely automobiles increased to 10,070,450,283 shares. This share issuance has been formally authorized and approved by the board of directors and conducted in compliance with all applicable listing rules and legal regulations. The company confirms that it has received all due payments and has fulfilled all preconditions for listing eligibility. The issuance of these...Show More