Archosaur Games (09990) has announced that its board has recommended terminating the 2022 restricted share unit plan and adopting a new 2026 restricted share unit plan. A special general meeting will be convened to consider and approve these proposals, as per the company's regulations.
Based on a forward-looking assessment, the company expects that all available awards under the 2022 plan for future grants will be fully utilized in the near term. Therefore, adopting the 2026 plan to replace the 2022 scheme is seen as a necessary and proactive step. This move aims to ensure the company can continue attracting, retaining, and motivating talent, which is crucial for its long-term growth and competitiveness.
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