Yeebo Grants 8.00 Million Share Options to CEO at HK$4.544; 58.53 Million Options Remain Available

Bulletin Express
Jul 02

Yeebo (International Holdings) Limited announced that its board granted 8.00 million share options to Executive Director and Chief Executive Officer Ms. Fan Shengyan on 2 July 2026 under the Share Option Scheme approved on 16 August 2024.

The options carry an exercise price of HK$4.544 per share, set at the highest of: 1) HK$4.03, the closing price on the grant date, 2) HK$4.544, the average closing price for the five trading days preceding the grant, and 3) the HK$0.20 nominal value per share.

Vesting is structured in three tranches: • 2.66 million options exercisable from 2 July 2027 to 1 July 2036 • 2.67 million options exercisable from 2 July 2028 to 1 July 2036 • 2.67 million options exercisable from 2 July 2029 to 1 July 2036

The award carries no performance targets but is subject to a clawback mechanism, including lapse upon dismissal for misconduct. No financial assistance will be provided for share subscriptions.

Following this grant, 58.53 million shares remain available for future allocation under the Share Option Scheme.

The grant was reviewed and approved by the Remuneration Committee and the Board, with independent non-executive directors endorsing the issuance as required under Listing Rule 17.04(1). Ms. Fan abstained from voting on the resolution concerning her own award.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10