CTF Services Limited (00659) Announces Grant of 113 Million Share Options

Bulletin Express01-19

CTF Services Limited (00659) announced on 19 January 2026 that 113,044,500 share options were offered for grant under its share option scheme at an exercise price of HK$8.39 per share. The options, if accepted within 14 days, are scheduled to vest in three tranches—20% from 19 January 2027, 30% from 19 January 2028, and the remaining 50% from 19 January 2029, all exercisable until 18 January 2036.

According to the announcement, the largest individual allocation is 13,615,800 options offered to the Chairman and Executive Director. Each of the Co-Chief Executive Officers is offered over 9 million options, while other executive directors, non-executive directors, and around 300 senior employees collectively receive the remaining allocations. No performance target has been attached to these options, citing alignment with directors’ and employees’ commitments to long-term growth and value enhancement. After this grant, 292,535,893 shares remain available for future grants under the scheme mandate.

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