ANTA Sports Products Limited Announces New Share Award Scheme Granting 10.45 Million Shares to Employees
Reuters
Jun 04
ANTA Sports Products Limited Announces New Share Award Scheme Granting 10.45 Million Shares to Employees
ANTA Sports Products Limited announced a new compensation plan on June 4, 2025, involving the grant of approximately 10.45 million existing shares as part of its revised 2018 Share Award Scheme. This grant represents about 0.372% of the company's issued shares and is set to vest fully by May 1, 2028, contingent upon meeting specified performance targets. The awarded shares, which are distributed among 36 selected employees, including executive directors Mr. Lai and Mr. Wu, are offered at no purchase price. The shares will be sourced from existing shares acquired by a trustee, ensuring no new shares are issued as part of this compensation plan.
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