Pacific Basin (02343) Grants 21.017 Million Share Awards

Stock News05-11

Pacific Basin (02343) announced that on May 11, 2026, the company granted a total of 21.017 million share awards to eligible participants under the 2025 Share Award Scheme. The awards will be issued by (i) utilizing 4.772 million forfeited shares currently held by the trustee; and (ii) 16.245 million shares purchased by the company through the trustee on the secondary market at prevailing trading prices in accordance with the scheme rules. These 21.017 million share awards represent approximately 0.41% of the company's issued share capital as of the date of this announcement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment