HANG LUNG PPT (00101.HK): Grants Share Options for 48.24 Million Shares at HKD 7.255 Per Share

NewTimeSpace (newtimespace.com) News: On 20 August 2026, Hang Lung Properties Limited (stock code: 00101) announced that, under the share option scheme adopted on 27 April 2022, it granted share options to certain eligible participants, entitling them to subscribe for an aggregate of 48.24 million new shares at an exercise price of HKD 7.255 per share, equal to the closing price on the date of grant.

According to the announcement, the options will vest and become exercisable in three tranches: the first 20% from 20 August 2028, the next 30% from 20 August 2029 and the remaining 50% from 20 August 2030, all exercisable until 19 August 2036. Executive directors were granted options for 8.1 million shares (3 million each for Chen Wenbo and Lu Weibo, and 2.1 million for Zhao Jiaju), with the remaining 40.14 million shares granted to employees. No performance targets or clawback mechanisms attach to the options, and the Company provided no financial assistance to grantees.

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