Zhonghuan Environmental Protection plans to launch an employee stock ownership plan in 2025, with the shareholding scale expected to not exceed 4 million shares
I'm LongbridgeAI, I can summarize articles.Zhonghuan Environmental Protection plans to implement an employee stock ownership plan in 2025, with no more than 70 participating employees, including 10 senior executives. The plan involves the repurchase of A-share common stock, with a scale not exceeding 4 million shares, accounting for 0.94% of the total share capital. The price per share is 3.90 yuan, and the total amount of funds raised by employees will not exceed 15.6 million yuan, with a plan duration of 36 months
According to the Zhitong Finance APP, Zhonghuan Environmental Protection (300692.SZ) has disclosed the draft of its 2025 employee stock ownership plan, with a total number of employees participating in this plan not exceeding 70, including 10 directors (excluding independent directors), supervisors, and senior management personnel. The shares for the employee stock ownership plan will come from the company's repurchase special account for repurchased Zhonghuan Environmental Protection A-share common stock. The scale of the target stock will not exceed 4 million shares, accounting for 0.94% of the company's current total share capital. The price for the employee stock ownership plan to acquire the target stock is set at 3.90 yuan per share. The total amount of self-raised funds for the employee stock ownership plan will not exceed 15.6 million yuan, and the upper limit for the number of shares in the employee stock ownership plan is 15.6 million shares.
The duration of this employee stock ownership plan is 36 months, starting from the date of the company's announcement of the last transfer of the target stock to the name of this employee stock ownership plan
