ASMPT Awards Shares to Employees Under Incentive Scheme

MT Newswires Live03-27

ASMPT (HKG:0522) has awarded 1,641,300 shares to 1,126 selected employees under its pre-existing incentive scheme, according to its Wednesday bourse filing.

The shares, granted at no cost to employees, had a total market value of HK$95.2 million based on the closing price of HK$58.00 per share on March 26.

The shares will vest on Dec. 15.

Key beneficiaries include directors Robin Gerard Ng Cher Tat who will receive 73,400 shares and Guenter Walter Lauber with 45,000 shares. The remaining 1.5 million shares will be allocated to other employees.

Following this award, 26.4 million shares remain available for future grants under the scheme.

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