tiprankstipranks
Pentamaster Rewards Employees with Share Scheme
Company Announcements

Pentamaster Rewards Employees with Share Scheme

Pentamaster International Limited (HK:1665) has released an update.

Don't Miss Our Christmas Offers:

Pentamaster International Limited has announced the grant of 6,035,000 shares to selected employees, including an executive director, as part of their Share Award Scheme, which amounts to about 0.25% of the total shares. These shares, which were granted to reward past performance and incentivize long-term growth, will vest in three equal portions over the next two years starting from August 7, 2024. The company has ensured compliance with the Listing Rules and clarified that the grant does not require shareholder approval.

For further insights into HK:1665 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App