VCREDIT Holdings updates share scheme details in supplemental report

VCREDIT Holdings Limited has published a supplemental announcement to its annual report for the year ended December 31, 2024, providing updated figures for its share schemes. As of January 1, 2024, December 31, 2024, and the date of the annual report, 49,730,386 shares, representing 10.16% of shares in issue, remained available for future grants under the Post-IPO Share Option Scheme. No options have been granted under this scheme since its listing.

Under Share Award Scheme No. 1, 17,483,009 shares (including forfeited shares), representing 3.57% of shares in issue, remained available for future grants as of December 31, 2024, and the annual report date. During the year ended December 31, 2024, a total of 330,000 shares underlying awards vested, with a weighted average closing price before vesting of HK$2.30.

Additionally, as of January 1, 2024, December 31, 2024, and the annual report date, 49,305,718 shares, or 10.07% of shares in issue, remained available for future grants under Share Award Scheme No. 2. No awards have been granted under this scheme since its adoption. The board confirmed that four of the group’s five highest-paid individuals for 2024 were directors, though no awards were granted to any director during the year.