490,800-share grant triggers 3-year vesting at Jumbo Group

Singapore Business Review
2026.01.27 03:59
portai
I'm PortAI, I can summarize articles.

Jumbo Group Limited has granted 490,800 shares to directors and employees under its Performance Share Plan, with shares priced at $0.29 each. The shares will vest over three years, with 30% in FY2026, another 30% in FY2027, and the final 40% in FY2028, contingent on performance conditions. This plan aims to align management interests with shareholders.