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Virtual Mind Holding Company Limited ( (HK:1520) ) has provided an update.
Virtual Mind Holding Company Limited has proposed conditional grants of award shares under a new share award scheme. The initiative involves the issuance of new shares both to connected persons, which includes directors, and non-connected persons, such as selected employee participants. The total volume of shares amounts to 50,619,358, aimed at rewarding key stakeholders and incentivizing performance, subject to shareholder approval. This strategic move is positioned to enhance the company’s operational framework by aligning the interests of key personnel with company objectives.
More about Virtual Mind Holding Company Limited
YTD Price Performance: 2.94%
Average Trading Volume: 2,221,808
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$442.6M
See more insights into 1520 stock on TipRanks’ Stock Analysis page.