Vobile Group Incentivizes Staff with Share Options

Vobile Group (HK:3738) has released an update.

Vobile Group Limited has announced the grant of 22,950,000 share options to 27 employees to incentivize and retain talent, with a vesting period extending over several years and performance-based conditions. The options, exercisable at HK$2.18 per share, aim to align employee interests with shareholder value enhancement. No financial assistance was provided for the purchase of shares under the scheme, ensuring fairness and adherence to regulatory standards.

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