Shenzhen Inovance Technology Unveils Eighth Share Incentive Scheme

Stock News09-21

Shenzhen Inovance Technology Co., Ltd. (300124.SZ) has released the draft of its eighth equity incentive plan, aiming to grant up to 53.677 million equity awards to participants, representing 1.98% of the company's total share capital at the time of the draft's announcement, with an initial grant of 46.847 million equity awards.

The plan includes granting 13.447 million second-class restricted shares and 33.4 million stock options to incentive recipients, covering no more than 1,690 individuals for the initial grant. The subscription price for the second-class restricted shares (including reserved shares) is set at 39.41 yuan per share, while the exercise price for the stock options (including reserved shares) is determined at 56.3 yuan per option.

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