Ever Sunshine Services Group Limited (stock code: 1995) announced plans to adopt a new 2025 Share Option Scheme, subject to shareholder approval at an upcoming extraordinary general meeting. The scheme involves granting share options over new shares, requiring shareholders to pass an ordinary resolution for its formal adoption.

Under the proposed scheme, the board has conditionally granted a total of 60,600,000 share options. Of these, 32,800,000 are allocated to three executive directors, while 27,800,000 are earmarked for 29 other employees. The exercise price is set at HK$1.89, with vesting spread across four designated dates through April 2030, subject to individual performance targets. A clawback mechanism allows options to be canceled under specified conditions such as serious misconduct or material misstatements in financial statements.

In parallel, Ever Sunshine Services Group Limited signaled its intention to buy back up to 172,855,400 shares from the open market, representing 10% of its total issued shares as of the date of the annual general meeting. The company stated that the move reflects confidence in its long-term prospects and will be funded from existing cash reserves. The board emphasized that any share buyback depends on market conditions and the company’s operational needs, with the purchased shares possibly retained as treasury shares for the 2025 Share Option Scheme or canceled. Shareholders and potential investors are advised to note that the buyback will be carried out at the board’s discretion, in compliance with applicable regulatory requirements.