United Laboratories acquires shares for employee award scheme
United Laboratories International Holdings Limited announced on November 5, 2025, a voluntary acquisition of award shares. During October 2025, 3,500,000 Award Shares were acquired by a trustee via on-market transactions. These shares were purchased at an average price of HK$12.905 per share to satisfy vesting obligations for grantees who met their 2024 performance targets by November 13, 2025.
This acquisition is part of the company's 2023 Share Award Scheme, which originally involved granting a total of 12,096,900 Award Shares to grantees as announced on November 13, 2023. The trustee is expected to continue purchasing relevant Award Shares from the market, subject to market conditions, to hold on trust until they are vested and delivered to eligible grantees.
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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