Alphamab Oncology Announces New Compensation Plan with Award Shares for Directors

Reuters
29 May
Alphamab Oncology Announces New Compensation Plan with Award Shares for Directors

Alphamab Oncology has announced the grant of award shares under its Restricted Share Award Scheme, as disclosed in a recent filing with The Stock Exchange of Hong Kong Limited. The company aims to recognize and reward the contributions of its Award Directors, providing them with shares as part of their compensation. The shares granted to the Award Directors do not have specific performance targets, aligning with the company's remuneration policy. This initiative is part of the company's efforts to closely align the interests of its shareholders, the company, and its directors. The announcement, made by Chairman Dr. Xu Ting, highlights the company's focus on its continual operation and long-term growth.

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