WKK INTL (HOLD) Proposes Adoption of New 2026 Share Option Scheme

Stock News05-28

WKK INTL (HOLD) (00532) has announced that the company's current share option scheme, the 2016 Share Option Scheme, which was approved by ordinary resolution of shareholders at a general meeting held on June 22, 2016, is set to expire on June 21, 2026. Following this date, no further options may be granted under the 2016 scheme. As of the date of this announcement, a total of 32.95 million options have been granted under the 2016 scheme but remain unexercised. These options will continue to be exercisable in accordance with their respective terms even after the 2016 scheme expires. In light of the impending expiration of the 2016 Share Option Scheme and to enable the board of directors to continue providing appropriate incentives to suitable and qualified individuals for their current or potential contributions to the company and/or its subsidiaries (the Group), the board has proposed the adoption of a new 2026 Share Option Plan in accordance with Chapter 17 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

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