Wynn Macau Ltd. (Wynn Macau) announced that on 29 June 2026 it granted 886,547 new ordinary shares—equivalent to roughly 0.02% of issued share capital—to four employees under its Employee Ownership Scheme adopted on 25 May 2023.\n\nKey terms\n• Grant size: 886,547 shares at no purchase cost to recipients.\n• Reference price: HK$5.07 per share (closing price on grant date).\n• Vesting: 1/3 annually from 31 May 2027-2029 for two participants; 25% annually from 31 May 2027-2030 for one participant; and 50% on 1 January 2027 and 2028 for the remaining participant.\n• Minimum vesting: While the first tranche for each grantee is under 12 months, the aggregate schedules extend to 2028-2030, which the board considers consistent with long-term alignment objectives.\n• Performance hurdles: None.\n• Claw-back: Awards lapse if employment ends due to resignation, misconduct, contractual breach, or other specified reasons.\n• Financing: No loans or financial assistance provided to participants.\n\nDilution and scheme capacity\nThe awards will be settled by issuing new shares. Post-grant, 481.19 million shares remain available under the overall scheme mandate, with 10.42 million shares left under the service-provider sub-limit.\n\nStrategic rationale\nThe remuneration committee states the grants are intended to align employee and shareholder interests, incentivise long-term value creation, and retain key talent in line with prevailing market practice.
Comments