HKBN Ltd. Updates on Co-Ownership Plan

HKBN (HK:1310) has released an update.

HKBN Ltd. has released supplemental information regarding the Amended and Restated Co-Ownership Plan IV in their annual report for the fiscal year ending on 31 August 2023. The newly provided details include the closing share price at $4 before the RSU grant date and clarify that the fair value of the RSUs granted was $0 based on a binomial lattice model. These updates do not change other contents of the original annual report.

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