NetDragon Websoft Holdings Limited (777) issued additional information regarding its Annual Report 2024. According to the announcement, the total number of shares available for issue under the existing share schemes will not exceed 53,126,253, representing 10% of the issued shares as of the date of the report.
Under the 2024 Share Option Scheme, HK$1 is payable upon a grantee’s acceptance of an option within 28 days after the offer date. Unless the Board decides otherwise on a case-by-case basis, share awards are generally granted to selected participants with no consideration. The Board may determine the purchase price (if any) based on factors including market price, purpose of the awards, and participant characteristics.
For each option offered, the exercise price is set at no less than the highest of: (a) the official closing price on the grant date, (b) the average official closing price for the five business days immediately preceding the grant date, or (c) the nominal value of a share.
The announcement states that this supplemental information does not affect other disclosed details in the Annual Report 2024, and the remainder of the report remains unchanged.
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