METASURFACE (08637) Controlling shareholder Caina Technology reward plan, and a total of 9.75 million shares of bonus shares granted under the share incentive plan.
Yuan Xu Technology (08637) announced that the company has received funding from its controlling shareholder SGP BVI and Baccini...
METASURFACE (08637) announced that the Company's controlling shareholders, SGP BVI and Baccini (holding approximately 39.10% and 16.50% of the company's issued share capital respectively), have jointly adopted a plan on January 20, 2025.
The plan adopted by SGP BVI and Baccini aims to enable them to grant rewards to eligible participants as incentives and/or rewards for their contributions to the Group, to reward individuals who contribute to the Group's development and success, to incentivize them to remain with the Group, and to encourage them to make efforts for the future development and expansion of the Group by providing them with opportunities to acquire company shares.
The Company was informed by SGP BVI and Baccini that on January 20, 2025, they granted a total of 9.75 million shares to two senior management members and one employee of the Group as rewards. The granted rewards are intended to recognize their contributions to the Group's business and development.
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