TUHU Car (HKG:9690) board members plan to buy up to 33 million shares under its second post-initial public offering share scheme, according to a Tuesday filing with the Hong Kong Stock Exchange.
Under the scheme, about 8.2 million shares will be awarded to eligible participants such as employees, people from related entities, and consultants, the filing by the automotive company said.
The share award scheme will be valid for 10 years.
Shares jumped 4% in Hong Kong during Tuesday's trading.
Price (HKD): $23.45, Change: $+0.80, Percent Change: +3.53%
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