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Vision Holdings (00862): Proposed adoption of a share award scheme
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Zhitong Finance App News, Vision Holdings (00862) issued an announcement. The share option plan was approved by shareholders at the annual shareholders' meeting held on November 24, 2021, and adopted by the Company on November 29, 2021. The Board recommended amending the terms of the share option plan to (among others) make the share option plan comply with the requirements of the revised listing rules and reflect other internal affairs management and corresponding revisions.

In addition to the share option scheme, the Board of Directors recommended adopting a share award scheme to reward eligible participants, provide them with an opportunity to become shareholders as an incentive, align their interests with those of the Company, and recognize the contributions they have made or are expected to make to the Group.

Rewards under the share award scheme can be fulfilled through new and/or existing shares (including treasury shares) allotted and issued by the Company. The Company has no intention of using treasury shares to fulfill grants under the share award scheme, and currently has no intention of appointing a trustee for the share award scheme.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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