DL Holdings Group Limited (HK:1709) has released an update.
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DL Holdings Group Limited has decided to streamline its equity incentive schemes by retaining the Share Option Scheme and terminating the Share Award Scheme, effective from 2 September 2024. The move is aimed at reducing administrative costs and simplifying the management of the company’s share schemes. This decision follows a historical trend of the company granting significantly more share options than share awards, with the former being less costly to administer and having a less demanding cash flow requirement.
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