Modern Dental Group grants 23.25m share options to directors and employees

Modern Dental Group Limited has granted 23,250,000 share options to eligible directors and employees on November 28, 2025. Each option entitles the holder to subscribe for one ordinary share with a par value of USD0.01 at an exercise price of HK$5.11 per share. This exercise price is not lower than the closing price on the grant date, the average closing price over the preceding five business days, or the nominal value of a share.

The options will vest in nine tranches, with 10% vesting on each of the first eight anniversary dates after the grant date, and the remaining 20% vesting on the ninth anniversary. Vested options are exercisable for 10 years from the grant date. The grant aims to recognize past performance, contributions, and future potential, motivating continued competitiveness and long-term service without specific performance targets as a condition for vesting.

Of the total options granted, 22,320,000 were awarded to directors, chief executives, or substantial shareholders and their associates, while 930,000 were granted to other employees. Following this grant, 76,750,000 shares remain available for future grants under the company's Share Option Scheme.