King’s Stone Holdings Updates Share Grants to Comply with Regulations
King’s Stone Holdings Group Limited has updated its share options and awards to comply with regulations. The allocation for executive director Ms. Zeng Jingwen has been adjusted to 900,000 share options and 100,000 share awards, keeping it below the 0.1% threshold of issued shares. This change, approved by independent non-executive directors, increases the total shares available for future grants to 79,000,000. Silver Tide Holdings Limited reports an average trading volume of 4,339,365 and a market cap of HK$802.6M.
Silver Tide Holdings Limited ( (HK:1943) ) has issued an update.
King’s Stone Holdings Group Limited, a company listed on the Hong Kong Stock Exchange, has announced an update to its grants of share options and share awards. The company has adjusted the number of share options and awards granted to Ms. Zeng Jingwen, an executive director and controlling shareholder, to comply with regulatory requirements. This adjustment reduces her allocation to 900,000 share options and 100,000 share awards, ensuring it remains below the 0.1% threshold of the company’s issued shares. The changes have been approved by independent non-executive directors, and the overall number of shares available for future grants has increased to 79,000,000.
More about Silver Tide Holdings Limited
Average Trading Volume: 4,339,365
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$802.6M
See more insights into 1943 stock on TipRanks’ Stock Analysis page.
