Busy Ming Group Co., Ltd. (BUSYMING) has granted 1.62 million H-share awards to 185 eligible employees on 21 September 2026 under its 2026 H-Share Award Scheme. The awards represent about 0.74% of the company’s issued share capital (excluding treasury shares) and carry no purchase price for participants.
The shares will be issued from the scheme’s mandate limit of 10.89 million H shares; following this grant, 9.27 million H shares remain available for future awards. On the grant date, BUSYMING’s H-shares closed at HKD361.60.
Vesting is structured across four tranches: 1) 25% annually over four years from the grant date; 2) 50% on 21 March 2028, with the remainder vesting equally over the next two years; 3) roughly 33% on 21 March 2028, followed by equal annual vesting over the subsequent four years; and 4) 50% on 21 March 2028, with the balance vesting on 21 September 2028.
Unvested awards are subject to deferral if a participant’s annual performance rating falls to C or D, and all grants remain covered by the scheme’s claw-back provisions. No financial assistance will be provided to participants for share purchases.
The board stated that the awards aim to attract, motivate and retain key talent, aligning employee interests with long-term shareholder value. All independent non-executive directors concurred that the grant terms are fair, reasonable and in the best interests of both the company and its shareholders.
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