DL Holdings revamps equity incentive programs

DL Holdings Group (HKEX:1709) is set to modernize its equity incentive programs. The company has announced a proposal to terminate its existing share option scheme, adopted in 2015, and replace it with a new 2025 Share Incentive Scheme. This proposed change, detailed in a circular to shareholders, reflects amendments to Chapter 17 of the Listing Rules that came into effect on January 1, 2023. The move aims to align the company's equity compensation practices with the latest regulatory requirements and provide greater flexibility in long-term planning.