ANTA Sports grants 3.79 million share awards (0.136% outstanding) to 357 staff under revised 2018 scheme

Bulletin Express05-15 18:43

ANTA Sports Products Limited announced the grant of approximately 3.79 million existing shares—equivalent to 0.14 % of its issued share capital—as share awards to 357 employees on 15 May 2026. The allocation forms part of the company’s 2018 Share Award Scheme (2023 Revision).

Key terms of the grant:

• Grantees: 357 employees, including Executive Director Bi Mingwei, who received 100,000 shares. • Consideration: Nil purchase price. • Reference price: HKD 76.25, the stock’s closing price on the grant date. • Vesting: 30 % on 1 May 2027 and 70 % on 1 May 2029, subject to individual performance targets and clawback provisions. • Source of shares: Existing shares held by the scheme trustee, ensuring no share issuance or dilution.

The remuneration committee and full board, with Mr. Bi abstaining on his own allocation, unanimously approved the award. Management views the grant as a tool to recognise past contributions, strengthen retention, align employee interests with shareholders, and attract talent for future growth.

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