ALTUS HLDGS (08149) issues 3.58 million shares of bonus shares.

ALTUS HLDGS (08149) announced that on January 21, 2025, the board of directors has decided to grant a total of 3.58 million shares of incentive shares to four grantees in accordance with the terms of the 2023 share plan, as a reward for their past contributions and to retain their services for the future growth of GTI HLDGS, subject to acceptance by the grantees. These incentive shares represent approximately 0.4318% of the shares issued as of the date of this announcement. Additionally, the board of directors also proposes to grant a total of 3 million shares of incentive shares to two executive directors as grantees under the terms of the 2023 share plan (subject to acceptance by the executive directors as grantees and approval by independent shareholders).