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Xiaomi rewards 457 employees with a total value of more than HK $300 million for 34.99 million shares

via:博客园     time:2019/9/5 10:00:30     readed:86

Author: Zhou Xiaobai

[TechWeb] Sept. 5, Millet Group announced a stock incentive scheme. The board of directors awarded a total of 34,991,749 stock incentive shares to 457 selected participants (all non-related acceptors) according to the stock incentive scheme.

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According to the announcement, the closing price of the shares on the date of the award was HK $8.65. based on the announcement, the total value of the shares sold was HK $303 million, or about HK $662300 per person.

Before awarding the above-mentioned incentives, the total number of shares rewarded under the stock incentive scheme is 1,077,073,923 shares, except that the annual limit of 3% of the total number of shares issued within the relevant time limit shall not be exceeded. Following the award, there are still 1,042,082,174 shares available for further awards by the board of directors under the share award scheme.

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