WuXi AppTec Co., Ltd. Class H (HK:2359) has released an update.
WuXi AppTec Co., Ltd. has awarded 218,651 shares to 24 selected participants under the 2022 H Share Award and Trust Scheme, representing a minimal 0.0565% of total H Shares and 0.0075% of overall share capital, with no dilution to existing shareholders. The grants, which were made to independent participants including senior, mid-level, and basic-level managers, come after the company’s 2022 revenue met the set growth condition of 68%. The Board considers the grant fair, reasonable, and in the best interests of both the company and its shareholders.
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