JD Logistics Grants Over 17 Million Share Awards Under Post-IPO Award Scheme

MT Newswires Live10-02

JD Logistics (HKG:2618) granted 17,241,763 share awards to its employees, excluding directors and senior management, on Tuesday under the company's Post-IPO Share Award Scheme, a same-day filing with the Hong Kong Exchange said.

The share awards represent 0.26% of the total issued shares of the company, the filing said.

Furthermore, the company's administrator for the award scheme has adjusted the type of shares to be granted for the 229,923 awards shares granted on Oct. 1, 2023, to existing shares instead of new shares, citing administrative reasons.

The company still has over 471 million award shares available for future grants under the award scheme.

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