- Simcere said its board approved the grant of 2,169,000 restricted share units (RSUs) under its 2021 RSU Scheme to 54 employee participants.
- The RSUs were granted at nil purchase price, and the share closing price on the grant date was HKD 11.18.
- Vesting is scheduled in three equal tranches on March 26, 2027, March 26, 2028, and March 26, 2029.
- The awards will be satisfied using 2,169,000 shares held by trustees that relate to previously granted RSUs that lapsed.
- After the grant, Simcere reported 239,008,711 shares available for future grant under the scheme mandate limit.
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. Simcere Pharmaceutical Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260326-12069796), on March 26, 2026, and is solely responsible for the information contained therein.
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