Pop Mart awards shares to employees, service provider
On August 29, 2025, Pop Mart International Group Limited granted a total of 58,362 awards, representing the same number of underlying shares, to various grantees. This initiative is part of the company’s Post-IPO Share Award Scheme and aims to reward past performance, align interests with the group, and encourage future contributions. The awards were granted at a closing share price of HK$322.40 per share.
The grant includes 8,018 awards to employee grantees and 50,344 awards to a service provider grantee. The 50,344 awards for the service provider will vest on the first anniversary of the grant date. The 8,018 awards for employees will vest in batches on April 1, 2027, April 1, 2028, and April 1, 2029, with vesting contingent on grantees meeting specific performance targets.
All awards will be funded by existing shares held by the trustee, Trident Trust Company (HK) Limited, without the allotment or issuance of new shares. Following this grant, 130,961,479 underlying shares remain available for future grants under the scheme mandate limit, and 13,613,247 under the service provider sublimit, as approved on May 17, 2023.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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