Future Data Group Limited (8229) Announces Adoption of Share Option Scheme

Future Data Group Limited (stock code: 8229) adopted a Share Option Scheme on 17 March 2026. According to the announcement, the scheme is designed to provide incentives and rewards to eligible participants, including directors and employees of the company and certain related entities, while also attracting and retaining key personnel.

Under the scheme, the maximum number of shares that may be issued upon the exercise of options is initially set at 10.00% of the total number of shares in issue (excluding any treasury shares) as of the adoption date. The board of directors may refresh such limit subject to certain approvals and conditions. The subscription price for each share under the options must be at least the higher of the following: (i) the closing price on the date of the offer, (ii) the average closing price for the five business days immediately preceding the offer date, or (iii) the nominal value of the share.

Participants must accept offers within a specified time, and the scheme allows the company to prescribe additional terms such as vesting periods, performance targets, or clawback mechanisms. The scheme will be valid for ten years, and no new options may be granted after its termination. However, previously granted options that remain unexercised will continue to be valid according to the established terms. Adjustments to the number or price of shares under option may occur if there is a reorganization of the company’s share capital, subject to compliance with relevant regulatory requirements.

The announcement clarifies that options are personal to individual grantees, are generally non-transferable, and are subject to lapse under various circumstances, such as cessation of employment or specified corporate events. The complete rules detail the handling of options in the event of a winding-up, restructuring, or other corporate transactions. The scheme’s administration, along with any amendments, must comply with the applicable laws, the company’s articles of association, and the GEM Listing Rules.