Pacific Basin Shipping (HK:2343) has released an update.
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Pacific Basin Shipping has announced the grant of 330,000 shares to an eligible employee under its 2023 Share Award Scheme, representing a negligible 0.006% of its issued capital. These shares are set to vest over two years, with no performance targets, serving as a retention incentive and aligning employee interests with shareholders. The company also outlined conditions under which the unvested shares would lapse, ensuring alignment with corporate governance practices.
For further insights into HK:2343 stock, check out TipRanks’ Stock Analysis page.
