BeiGene Grants Options, Restricted Share Units to Employees

MT Newswires Live10-04

BeiGene (HKG:6160, SHA:688235) granted share options and restricted share units to its employees and directors under its 2016 share option and incentive plan, according to a Friday filing with the Hong Kong stock exchange.

The biopharmaceutical company granted 22,713 American depositary shares to 12 employees.The options are equivalent to 295,269 underlying shares, and will vest in 10 years, the filing said.

It also granted 90,542 restricted share units in ADSs to 223 recipients, equivalent to 1,177,046 underlying shares, according to the filing.

Price (HKD): $147.70, Change: $+7.0, Percent Change: +4.98%

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