Smoore Incentivizes Employees with Share Grant

Smoore International Holdings Limited (HK:6969) has released an update.

Smoore International Holdings Limited has announced the grant of 720,000 shares to nine employees under its Share Award Scheme, with a vesting period between 2024 and 2028. These shares, intended to incentivize and retain talent, will be managed by a Trustee and are subject to a performance-based vesting period and a clawback mechanism. This equity grant aims to motivate employees for future contributions to the company’s development without requiring shareholder approval.

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