C C Land adopts new share option scheme

C C Land Holdings (HKEX:1224) has formally adopted a share option scheme to provide incentives, rewards, and benefits to its directors, employees and subsidiaries’ employees. Approved in a general meeting, the scheme allows eligible participants to purchase company shares at a predetermined exercise price. The total number of shares available under the scheme and any other similar schemes shall not exceed 10% of the shares in issue as of the Adoption Date. The scheme is valid for a period of 10 years, commencing in 2025, and is subject to fulfilling listing requirements on the Hong Kong Stock Exchange. The Board retains administrative oversight and the power to impose restrictions on the options, in such forms as offer letters, at their discretion.