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Cherish Sunshine (01094) granted a total of no more than 10.769 million bonus shares and 15.884 million share options

2022-09-02 00:00:00

According to Zhitong Finance APP, Cherish Sunshine (01094) announced that on September 2, 2022, the Board of Directors decided to grant a total of no more than 10.769 million bonus shares to 44 share award grantees according to the share award plan (pending the acceptance of share award grantees and other conditions), of which, no more than 5.055 million non-related bonus shares were granted to 39 non-related grantees, and proposed to grant no more than 5.714 million related bonus shares to 5 related grantees, It is realized by proposing to allocate and issue new shares to the trustee in accordance with the relevant special authorization, subject to the approval of independent shareholders and compliance with the provisions of the rules of the share incentive plan. Each award share is HK $0.46, about 58.18% less than the closing price of HK $1.1 on the grant date.

On the same day, the Company granted option rights to 52 option grantees according to the option plan, and could subscribe for a total of 15.884 million shares, accounting for about 5.42% of the total number of shares issued on the date of this announcement, which are still accepted by the option grantees. The exercise price of the option is HK $1.206 per share. Among them, 5.326 million share options were granted to 4 directors.


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