MAYER HOLDINGS (01116) has granted a total of 216 million shares under the share purchase plan.

Mayer Holdings (01116) announced that the board of directors has approved the issuance of stock options to ten eligible participants (grantees) under the stock option plan adopted by the company on May 31, 2019. The participants are entitled to subscribe for a total of not more than 216 million ordinary shares (shares, each representing one share) of the company with a face value of HK $0.20 per share, representing 10% of the issued shares. However, the issuance is subject to the grantee's acceptance before it can be effective.