Pop Mart grants 497,911 share awards to employees

Pop Mart International Group (HKEX: 9992) announced the grant of 497,911 share awards to employees on April 11, 2025, under its Post-IPO Share Award Scheme. These awards represent an equivalent number of underlying shares. The share awards were granted to 43 employees of the Group, contingent upon acceptance. The closing price of the shares on the grant date was HK$149.50. Vesting of the awards will occur at various dates, with portions vesting on February 1, 2026, and in batches through February 1, 2029. The vesting of the award is also subject to the satisfaction of pre-defined performance thresholds. The awards will be funded from existing shares held by the Trustee. Following this grant, 131,174,422 underlying shares are available for future grant under the scheme mandate limit, and 13,663,591 underlying shares are available under the service provider sublimit.