Wynn Macau grants employee share awards to 466 staff
Wynn Macau, Limited announced on October 2, 2025, a grant of awards to 466 employees under its Employee Ownership Scheme. These awards entitle participants to subscribe for an aggregate of 466,000 ordinary shares, each with a nominal value of HK$0.001. This represents approximately 0.01% of the company's issued share capital as of the announcement date.
The awards, granted at a nil purchase price, are subject to a vesting schedule, with 50% vesting on October 2, 2028, and the remaining 50% on October 2, 2029. The closing price per share on the date of grant was HK$7.09. The awards are not subject to performance targets and are intended to align employee interests with the company, motivate staff, and recognize contributions to long-term growth.
Following this grant, 495,200,746 underlying shares remain available for future grants under the scheme mandate limit. The company confirmed no financial assistance was provided to employees for purchasing shares under the scheme.
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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