Huiyuan Cowins Cancels Unvested Share Options
Huiyuan Cowins Technology Group Limited has canceled 174,800,000 unvested and unexercised share options due to unmet vesting conditions. This decision, made by the Board, aims to ensure compliance and proper administration of the scheme, benefiting the company and its shareholders. The cancellation does not impact the 215,800,000 other share options granted under the scheme. Mayer Holdings Ltd. has an average trading volume of 873,075 and a market cap of HK$604.2M.
An announcement from Mayer Holdings Ltd. ( (HK:1116) ) is now available.
Huiyuan Cowins Technology Group Limited has announced the cancellation of 174,800,000 unvested and unexercised share options granted to Sino Light Investment Advisory Limited. The decision was made because the vesting conditions under the Consultancy Agreement and the Share Option Scheme were not fulfilled. The Board believes this cancellation is in the best interest of the company and its shareholders, ensuring compliance and proper administration of the scheme. The cancellation does not affect the grant of 215,800,000 other share options under the scheme.
More about Mayer Holdings Ltd.
Average Trading Volume: 873,075
Technical Sentiment Signal: Sell
Current Market Cap: HK$604.2M
