AsiaInfo Tech Grants Millions of Employee Share Options

AsiaInfo Technologies Limited (HK:1675) has released an update.

AsiaInfo Technologies Limited has announced the grant of 18.4 million share options to employees, with an exercise price of HK$5.20 per share, under its Share Option Scheme established in 2019. The options, representing nearly 2% of the company’s issued shares, will vest over a four-year period and are contingent upon meeting performance targets, with a clawback mechanism in place for unmet objectives. This move aligns with shareholder interests and does not involve financial assistance for option purchases.

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