World Houseware (Holdings) Ltd. Announces New Share Option Scheme with 12-Month Vesting Period and No Clawback Mechanism

Reuters
2025.10.17 11:02
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World Houseware (Holdings) Ltd. has introduced a new share option scheme allowing for the issuance of 79,211,742 shares, approximately 10% of its issued shares. The options, adopted on June 13, 2024, have a 12-month vesting period and lack a clawback mechanism. In 2024, 5,590,000 share options were granted, equating to about 0.71% of the weighted average number of issued shares. This announcement was made on October 17, 2025.

World Houseware (Holdings) Ltd. has announced updates to its share option schemes, with 79,211,742 shares-equivalent to approximately 10% of the company’s issued shares-now available for issue under the plan. Options granted under the scheme, which was adopted on 13 June 2024, are subject to vesting periods of at least 12 months and are not tied to specific performance targets. The company also confirmed that there is no clawback mechanism attached to these options, as option lapse and cancellation provisions are already in place. During the year ended 31 December 2024, 5,590,000 share options were granted, representing around 0.71% of the weighted average number of issued shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. World Houseware (Holdings) Ltd. published the original content used to generate this news brief on October 17, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here