BSCTECH plans to launch an employee stock ownership plan in 2025
I'm LongbridgeAI, I can summarize articles.BSCTECH released a draft of the 2025 employee stock ownership plan, with a planned fundraising cap of 28.105 million yuan, and each subscription unit priced at 1.00 yuan. The shares will come from the company's repurchased A-share common stock, with a purchase price of 14.60 yuan per share. The plan will have a duration of 48 months, with the stocks unlocking in three phases, with lock-up periods of 12, 24, and 36 months, calculated from the date of approval by the shareholders' meeting
According to the Zhitong Finance APP, BSCTECH (300951.SZ) has released a draft of its 2025 employee stock ownership plan, which aims to raise a total funding cap of 28.105 million yuan, with "units" as the subscription unit, each unit priced at 1.00 yuan. The specific number of units will be determined based on the actual contribution payment amount. The shares for the stock ownership plan will come from the company's repurchase special account of BSCTECH's A-share common stock. The purchase price for the repurchased shares under the stock ownership plan is 14.60 yuan per share.
The duration of this employee stock ownership plan is 48 months, with the acquired underlying stocks unlocking in three phases, with lock-up periods of 12 months, 24 months, and 36 months, all calculated from the date the draft of the employee stock ownership plan is approved by the company's shareholders' meeting and the company announces the transfer of the last batch of underlying stocks to the employee stock ownership plan