Jutal Offshore Expands Share Award Plan Capacity

Jutal Offshore Oil Services (HK:3303) has released an update.

Jutal Offshore Oil Services has announced an amendment to their Share Award Plan, doubling the potential maximum number of shares available for award from 10% to 20% of their issued shares as of the adoption date. This change increases the aggregate cap of awarded shares to 426,319,677, with all other terms of the Plan Rules remaining the same. The Share Award Plan is a share scheme under the Listing Rules, not requiring shareholder approval.

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