HBM Holdings grants share options and awards to an employee
HBM Holdings Limited granted 201,000 share options and 67,000 share awards to a non-connected employee on September 10, 2025. The share options, granted under the Share Option Scheme, have an exercise price of HK$17.21 per share, matching the market price on the grant date, and are exercisable for 10 years. The awards, granted under the Share Award Scheme, have an exercise price of nil.
Both the options and awards will vest in tranches, with 25% vesting on September 30, 2027, another 25% on September 30, 2028, and the remaining 50% on September 30, 2029. Each vesting is contingent on the option grantee achieving a certain score in individual performance appraisals conducted by the group. These grants aim to provide proprietary interests in the company, encouraging the grantee to enhance company and shareholder value.
As of this announcement, 29,362,516 shares remain available for grant under the Share Option Scheme, and 28,473,058 shares are available under the Share Award Scheme, after accounting for these recent grants. The company will comply with the new Chapter 17 of the Listing Rules for its existing share schemes.
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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