RUICHANG INTL (01334) adopts the 2026 Share Award Plan

date
21:25 24/08/2026
avatar
GMT Eight
Ruichang International Holdings (01334) announced that on August 24, 2026, the company adopted the 2026 Share Award Scheme, which will fund the awards solely from existing shares and does not involve the issuance of any new shares. This scheme is valid for a period of 10 years from the date of adoption, and the maximum number of awards that can be granted under this scheme is 50 million shares (accounting for 10% of the company's total issued share capital). The trustee will purchase shares from the secondary market in accordance with the board's instructions, based on the scheme rules and trust deed, to satisfy the vesting of the awards.
RUICHANG INTL (01334) announced that on August 24, 2026, the company adopted the 2026 Share Award Plan, which will provide funding solely through existing shares and does not involve the issuance of any new shares. The plan is valid for 10 years from the date of adoption, and the maximum number of awards that can be granted under the plan is 50 million shares (representing 10% of the companys total issued share capital). The trustee will purchase shares from the secondary market in accordance with the instructions of the board of directors, according to the plan's rules and the trust deed, to satisfy the vesting of awards.