SANVO Fine Chemicals Group Ltd. Announces New Compensation Plan with 209,740 Award Shares Vested Under 2023 Scheme

Reuters07-25

SANVO Fine Chemicals Group Ltd. Announces New Compensation Plan with 209,740 Award Shares Vested Under 2023 Scheme

SANVO Fine Chemicals Group Ltd. has announced new compensation terms related to its 2023 Share Award Scheme. On 15 November 2024, a total of 209,740 Award Shares were vested to participants at no cost, as the consideration for each grant of Award Shares was nil. The weighted average closing price of the shares prior to the vesting date was HKD1.33. As of 31 December 2024, 41,122,283 share options and share awards remained available for grant under the Share Schemes. Additionally, 56,490,023 shares were available for issue, representing approximately 12.01% of the company's 470,459,740 ordinary shares in issue. This information is supplementary to the company's 2024 Annual Report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SANVO Fine Chemicals Group Ltd. published the original content used to generate this news brief on July 25, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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