iDreamSky grants share options to employees under new scheme

iDreamSky Technology Holdings Limited announced on September 3, 2025, the grant of 900,000 share options to two non-director employees under its 2023 New Share Option Scheme. Each option allows the grantee to subscribe for one ordinary share of the company, with an exercise price of HK$1.152. The closing price of the shares on the grant date was HK$1.090, while the average closing price for the five business days preceding the grant was HK$1.152. These options will vest within two years from the grant date, with a minimum vesting period of 12 months.

The grant aims to recognize employee contributions, encourage retention, and provide additional incentives tied to performance targets. These targets, assessed over 12-month periods, are based on the individual's consolidated performance score, impacting the vesting percentage of their options. The performance targets are multifaceted, covering finance, business (non-financial), operations, and the creation of capital value, reflecting individual, team, and overall Group performance.

Following this grant, 4,271,461 shares remain available for future grants under the 2023 New Share Option Scheme. The company stated that none of the grantees are directors, chief executives, substantial shareholders, or associates, nor have they exceeded the individual limit of 1% as per Listing Rules.