Homeland Interactive expands share scheme with new grants

Homeland Interactive Technology Ltd. (HKEX:3798) announced an update to its Share Award Scheme, including the purchase and grant of shares. During the first half of 2025, from January 1 to June 30, Futu Trustee acquired 1,786,000 shares from the open market for the scheme. This represents approximately 0.14% of the company’s issued shares, with a total consideration of approximately HK$2,229,000, averaging about HK$1.25 per share.

Additionally, on September 12, 2025, the board approved the grant of 4,233,967 Award Shares to one selected employee participant, with no purchase price for the granted shares. These Award Shares constitute approximately 0.33% of the company’s issued share capital as of the announcement date. Based on a closing price of HK$0.97 per share on the grant date, the aggregate market value of these Award Shares is approximately HK$4,106,947.99.

The company stated that the share purchases and grants aim to attract talent, align employee interests with company goals, and drive sustainable growth. The Award Shares are set to vest in the Selected Participant on September 12, 2025, with no specific performance targets or lock-up restrictions.