FilingReader Intelligence

Xin Point Holdings grants 11.9m share options to employees, management

December 2, 2025 at 03:00 PM UTCBy FilingReader AI

Xin Point Holdings Limited announced a grant of 11,937,000 share options on December 2, 2025, to 961 eligible participants, including directors, senior management, and employees. These options, exercisable at HK$3.921 per share, represent approximately 1.19% of the company's total issued share capital. The exercise price was determined based on the higher of the closing price, average closing price over five trading days, and nominal value.

The options have a vesting period of one year after the grant date and are valid for ten years. Six directors received 242,000 options in total, ranging from 16,000 to 53,000 options individually. The remaining 11,695,000 options were granted to 955 other eligible participants, comprising senior managers and employees of the group.

The company’s board believes that granting these options without performance targets serves to recognize past contributions and motivate continued development. This aligns with the share option scheme's objectives of incentivizing and retaining talent while aligning employees' interests with those of shareholders.

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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