Homeland Interactive ends existing share option scheme, plans new one

Homeland Interactive Technology Ltd. (HKEX: 3798) announced today the termination of its existing share option scheme, adopted in June 2019, and plans to adopt a new "2025 Share Scheme." According to the announcement, the Board resolved to terminate the existing scheme on April 2, 2025, in order to comply with Chapter 17 of the Listing Rules. The Board plans to put forward the adoption of the 2025 Share Scheme for approval by shareholders at an upcoming general meeting. The new scheme is conditional upon shareholder approval and the Listing Committee granting approval for the listing of shares to be issued. As of the announcement date, no options are outstanding under the existing scheme.